This pair is at a crucial zone. It is at the bottom of a channel and at support. Here are the 2 possibilities I see.
Note
Weekly view we got the 50 and 100 EMA right at support and bottom of channel....
Trade closed: target reached
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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.