The price of this currency pair reached the resistance level on the H4 chart after the previous bounce from the support level and at the same time the bounce from the rising trend line. We expect that further growth is possible, which would lead to a breakout of the current resistance level and an impulsive move to the upside. Our take profit is placed below the level of the previous high, so the chances of reaching it are even higher.
Chart PatternsHarmonic PatternsTrend Analysis

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