With the HA-Low indicator forming at 1.0312 on the 1D chart, conditions are in place to initiate a trade based on support near the 0.9436-1.0312 range.
Based on the basic trading strategy, the 1.4606-1.6337 range is considered a sell point.
If the upward movement fails, support should be checked near the 0.6694-0.7212 range.
If the upward movement begins, resistance could potentially arise near the 1.2265-1.2507 range.
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