The 200SMA on this pair has acted as support throughout February in what is a very ranging pair. We see some selling pressure at 119.9, which is indicated to be holding. Price action at the current level is indecisive, I could see us travel to 119.3 before bouncing back up as the overall trend is still up on this pair.
I would look for buying support to TP around the green arrow throughout the coming week, and enter to the upside here too. Short 119.9 to 119.3, bounce back.
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