With price expected to reverse off the resistance of the ichimoku cloud , we have a bearish bias that price will drop from our entry of 41529 n line with the 78.6% Fibonacci retracement to our take profit area of 37816 in line with the horizontal swing low support. Alternatively, price may break our entry structure and head for our stop loss of 42960 in line with the 100% Fibonacci projection level and horizontal swing high resistance.

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