Price action is very bullish on the daily and 4hour time frames and recently broke a major zone around 0.70500. Now we are seeing some consolidation above 0.70500 and are looking for potential long opportunities.
1.Look for a break and retest of 0.71900 with a confirmed higher low. Target toward the -27% fib level.
For us to consider short opportunities we need to see a major shift in price action. We would only consider selling when the major zone around 0.70500 is confirmed broken.
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