In case the price closes above 1.54113 we will see the target exactly 1.56336 at 61 Fibonacci
But in the event that the price broke 1.52738 and closed below it, we will see it again inside the descending channel, and its first targets are at 1.50488
Beyond the latter, we will see the second target at 1.47926
Buying or selling depends on 1.54113 resistance and 1.52738 support
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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.