With recent pullback, it is giving a nice entry opportunity to go long. The caveat is, the next upcoming daily close should not drop below 1.0520 and if it does, then this setup becomes invalid. As long as closing price stays above 1.0520, expect a strong upward push toward 1.088 - 1.090 level.
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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.