Lately we have seen channel on this pair working perfect. I will monitor closely what priceaction is doing. If it looks good so enter for long position at fib 0.5
If price decides to break under so go for short or wait until price has come down to 106.220 level. Here it's great place to enter long for longer swingtrade.
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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.