In the long term we can expect the pair to rally further but on the shorterm term we can look to sell. Ideally we want to see the price close to the bearish trend line and the price to form bearish divergence. If the move up came in double wave that would be an extra confirmation.
Target 1: 1.0850 Target 2: 1.0800 Stop Loss: Break and above the trend line and resistance area.
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