As you can see we have a clear breakout of this small down trend, looking at the daily and the weekly time frame this is still a very bullish pair.

We have just broken what was a resistance level, currently waiting for a retest of that zone to make sure this level holds up and can be classed as a new support.

If we find an entry on this pair intial targets will be the previous high, possibly targeting the daily high.

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Good luck, stay blue,
Ash.
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