Dear traders, last week we witnessed a clear and strong breakout of the falling trendline and the resistance at 1.3900, as well. This implies a strong possibility on continuation of the bullish impulse towards 1.4030 and maybe beyond, as long as the current support at 1.3900 holds. Thus, the pair may experience some consolidations above the support before the bullish move. Let's See!
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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.