I see a breakout which being followed by a retest. If a bullish candle is formed on daily chart such as engulfing or hammer, it would be a confirmation for a long position up to 121.00 then 122.70. I would suggest, not an immediate buy, but a buy-stop around 118,15 area. Buying at current level, for me would be aggressive.
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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.