The currency pair is testing the lower boundary of the ascending price channel.
Since the line is quite strong, the last 2 tests have been very clearly worked out as a support, so I expect an increase from this level to resistance 1.62.
False breakout possible.
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Since the line is quite strong, the last 2 tests have been very clearly worked out as a support, so I expect an increase from this level to resistance 1.62.
False breakout possible.
-------------------
Share your opinion in the comments and support the idea with Like.
Thanks for your support!
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