Dear friends, from the 1-hour chart, we can observe that the upward trend has expanded continuously from the level of 1.0502. At the time of writing, the price is trading at 1.063 with a stable trend on the 1-hour timeframe.
In the short term, we emphasize the price increase to $1,660 and $1,680. Touching the resistance level of $1,680 could lead to a retreat in this currency pair as the US Dollar is weighed down by sour risk sentiment. What are your thoughts? Do you agree with me?