Possible break and retest on the 4H timeframe. Back on the 4th of January, I posted an idea about this pair becoming bullish after reaching the support area of 1.55800. Since then, this pair did become bullish. More bullish than I expected. I still believe price is aiming to reach the resistance area of 1.61600.
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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.