The pair is at the top of an ascending trendline. This should be the last touch of the trendline. The pair has reached this high a few candles earlier. There is also a fib line intersecting with the trednline at the current price. 1:2 risk to reward ratio. The pair has the possibility to break the lower trendline and carry on dropping in the long term. If trade is wrong, potential re-entries at October mo thly high @1.0030.
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