We look to Buy at 1.1703 We will cut loss at at 1.1687 Our profit targets will be 1.1748 and 1.1768 Risk to reward ratio - 2,8 : 1
Previous resistance, now becomes support at 1.1700. The RSI is trending higher. A move through bespoke resistance at 1.1750 and we look for extended gains. A break of yesterdays high would confirm bullish momentum. 50-hour EMA is at 1.1694.
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