Although the pair is trading below 300-MA and MACD is bearish, I cannot ignore the bounce on the well-defined support/resistance level. Going for a high-reward/low-risk trade, which can be improved, if you pick the resistance at 1.5050.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.