LTCUSD is approaching our first support at 26.25 (horizontal overlap support, 100% Fibonacci extension, 76.4% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 32.96 (horizontal swing high resistance, 50% Fibonacci retracement). Stochastic (89,5,3) is approaching support where we might see a corresponding bounce in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
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