LTCUSD is approaching our first support at 27.66 (horizontal swing low support, 61.8% fibonacci retracement, 61.8% fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 33.18 (horizontal swing high resistance, 61.8% fibonacci retracement). RSI (21) is also approaching our 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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