Looking at what happened overnight, price has made a second rejection around the 1.1850 handle and forming a nice ascending triangle pattern on the hourly chart. As the market had been moving lower but now failing to set a lower low I believe a re-test of 1.1900 is possible if 1.1850 is broken in the near-term, so I will be patient here and wait for the US markets to open for further guidance. No high impact data releases today so I'll just take a quick look at other markets for overall sentiment.
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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.