The price consolidated at the support zone of 0.885. The zone is formed by a strong level + support line from September 2020. The last time the price touched the level in November and bounced off it. Then the price came to the support zone in mid-January. Bounced off, rolled back and entrenched in the zone. The price dropped below the support level of 0.886. In my opinion, this will be a false breakout. Because a) the support zone is very strong, b) another strong support line (2019) runs nearby. I expect the price to rise to resistance. The target is 0.900.
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