SHB/USD is currently at a resistance level which is an overlap resistance that aligns with the 50% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 0.2609 Why we like it: There is an overlap resistance level which lines up with the 50% Fibonacci retracement.
Stop loss: 0.2849 Why we like it: There is is a pullback resistance level.
Take profit: 0.2364 Why we like it: There is a pullback support level.
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