- Price bounced at the Weekly Resistance Zone. - Now, it is facing the short term Ascending Trendline. - This scenario that we are considering is just a short term move towards the next support zones, looking for a retracement of the strong upside move. - Will wait and see how the trendline reacts. - Keep in mind that the main trend on this pair is bullish after the breakout of the Weekly Descending Channel.
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