Something to keep an eye on. From what I can see, price had previously been respecting the resistance area of 1.10850 before breaking through and retracing back underneath it. Now price has broken clean through the area once more, there’s a possibility of a break & retest before a bullish continuation to the next resistance.
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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.