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Prices are moving inside a ascending channel, we expect that prices to be heading to the support line of the bottom line of 1251$, and with breaking this level we would see more declining. Current resistance would be at 1276$.
The pair is trading in a wide range and with staying below a support level of 0.7950 would send it much lower to 0.7880/45. Current resistance would be at 0.7975.
As we notice a rising triangle is forming, exceeding resistance level at 130.60 would send prices higher to 132.40. current support would be at 129.55.
We can notice a double top pattern is forming on the pair, breaking the support at 1.2538 would send prices down to 1.2495/50. Current resistance would be at 1.2566.
The pair still moving inside a rising wedge, prices started to move in wide range and with exceeding the resistance level of the upper line near to 1.3185, we would see further rising targeting 1.3250 then 1.3450. in the other way, breaking the bottom line would send prices to 1.2830 then 1.27.
The pair is moving inside a broadening pattern, the resistance level would be at the upper line near to 1.1810, while support level would be at the bottom line near to 1.1605, and with breaking this level we would see prices heading to 1.1480.
The pair managed to breakthrough a resistance level at 0.7485, the highest peak since September 2016, beside breaking through the upper line of an ascending channel, so we expect prices to target 0.7740. it would test support level at 0.75 before continuing rising.
As we expected the pair has reached the target we mentioned yesterday at 1.3116, and managed to overcome it, we expect further rising targeting 1.3190 then pull back for testing 1.3116 then 1.3050.
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