Bulls still in command are going to take the pair to the 1.61 fib. at 1.1384, since there is still room for a push upward after a move of 0.5% this last day, then a strong pull-back of a couple of days is expected back to previous support of around 1.12
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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.