looks like the pair is ready for a reversal, confirmation would be above the 1.06 level. now the price has just broke the previous resistance at 1.052 and has doing a retest. There's a chance that it will continue upside giving confirmation for a bullish sentiment. the R/R here is 1:3. Trading is not about being right or wrong, more on risk managment and lot size. I think this has a good set up. Good luck everyone!
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