Price is on a bullish momentum. We are expecting price to potentially rise from the buy entry level of 313.77 which is line with 61.8% fibonacci retracement and 100% fibonacci projection towards the take profit level of 348.34 which is in line with 61.8% fibonacci retracement and 61.8% fibonacci projection . Alternatively, price might break the key pivot level and trigger a dip towards the stop loss level of 294.69 which is in line with 78.6% fibonacci retracement , 61.8% fibonacci projection and -61.8% fibonacci expansion .

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