After a small retracement, the price went bullish until the level of 1.1467. As you can see every channel being shaped is bullish. So, the key is the breakout of the resistanve level. We might see a retracement to the levels shown above,, but i think that buyers would win the fight and the price would reach the level of 1.1600.
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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.