On Monday, I posted an idea for this pair, predicting a bullish momentum after a break of structure. This new idea is a continuation. After price broke the resistance area of 1.05000, I saw what resembled a cup & handle pattern on the 1H timeframe. With the bullish momentum this pair currently has, I'm going with the bias that the pattern will hold, allowing price to continue upwards.
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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.