In the short term we can expect the pair to move to the 1.25300 support level and create a higher low. A breakout below 1.25100 will get sellers pushing further down. Otherwise in the long term we might see a slight pull back to that support level and a move up to the previous resistance level and maybe a break above the that resistance zone.
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Disclaimer
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.