EUR/USD Technical Chart Update, 15th of November

I assume 1.28 to provide some resistance due to the daily low of October 1st, monthly S1 and Fibonacci cluster- We have the 38 % and 61.80 % fib retracement of recent swings down at 1.28 (4-hour and daily time frame).

But still a (false) breakout of 1.28 for at least stop running can occur easily, particulary with the start of the new 4 hour candle at 4 p.m. GMT when market continues to consolidate at 1.28

Next resistance level might be the daily low of October 11th at 1.2826..

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