Resistance 1: 1.2390 - 1.2463 area Resistance 2: 1.2508 - 1.2580 area
Vertical Structures
Vertical Support 1: Falling trend line Vertical Support 2: Falling trend line
The pair nicely respected a confluence point based on 2 falling trend lines. Doji candlestick formation on that increases the probabilities that the pair will go higher.
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Price nicely reacted to a confluence zone based on 2 trend lines. We can anticipate a further growth before the fundamentals: