Price broke out of consolidation wedge last night & bulls came back into the market. Now price is testing broken resistance turning support. A potential but not likely pullback to broken trend line / 38.2 fibonacci level is possible, but if 1.6400 level holds we should see a new trend of higher highs & lows take place.
Trade with care!!
Trade with care!!
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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.