A new breakthrough

By SuperForex
Our pair was able to find a new level of resistance at 1,1545 mark after which it turned up. Although we can assume that this movement is corrective.

To date, most of our technical indicators point to a sale. We believe that the price will rush down after testing the level of 1.16 from which we expect a reversal. Therefore, we advise you to look for points for entry to short positions from this level. In case of breaking this mark, it is possible to move to the level of 1.1680.
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SuperForex

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