Price is currently in a downward channel probably heading back to 1.36534, as seen on the weekly TF. The daily TF shows price at level 1.38090 with bear momentum probably pushing it to level 1.36637. On the 4hr chart, price has reached 1.38090 impulsively and i expect price to break this level to complete the move to 1.37723. My entry will be at the break of the level 1.38090 after price has corrected.
Chart PatternsTrend Analysis

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