🔸4H CHART EXPLANATION:
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🔸Price made a double bottom pattern and started an upside move.
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🔸It has broken the Descending Trendline.
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🔸Now, it has broken the Resistance Zone, so, we consider that this pair has bullish potential towards the next Resistance at 1.8200.
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🔸 Will look for a lower timeframe bullish setup.
🔸DAILY CHART ANALYSIS:
.
.
🔸Price made a double bottom pattern and started an upside move.
.
🔸It has broken the Descending Trendline.
.
🔸Now, it has broken the Resistance Zone, so, we consider that this pair has bullish potential towards the next Resistance at 1.8200.
.
🔸 Will look for a lower timeframe bullish setup.
🔸DAILY CHART ANALYSIS: