The price of this currency pair moved in an upward trend on the H1 and H4 charts. Currently, the price is slightly below the bottom line of the trend channel and at the level of price support (support), which indicates testing and a possible breakthrough of this price level. After breaking through the trend line and the support level, we can expect the price to move downwards, to the next important price level around the price of 132.00. Our target price is also placed before this support price level.
Trend Analysis

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