Preferred direction: Neutral
Comment: The previous trading idea within the near retest of the level 1.09623 gave its profit. The buyer's mood was so strong that the instrument overcame the important daily resistance 1.11861. It is assumed that this is not for long, the currency pair needs a correction. Correction will also be against the background of fixing long-positions. There is a possibility of formation of a balance at the indicated resistance, or the price will go lower to 1.10677.
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Comment: The previous trading idea within the near retest of the level 1.09623 gave its profit. The buyer's mood was so strong that the instrument overcame the important daily resistance 1.11861. It is assumed that this is not for long, the currency pair needs a correction. Correction will also be against the background of fixing long-positions. There is a possibility of formation of a balance at the indicated resistance, or the price will go lower to 1.10677.
Thank you for like and share your views!
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