IS 1.85000 ON THE CARDS? > Price has been stuck in a 200 pip range for more than a week now. > Price has tapped the 1.78200 area and got rejected more than 5 times. > However price has continued creating higher lows and the weekly candle bullish. > If the Daily closes above 1.77500 I anticipate price to retest 1.78500. > If 1.78500 finally breaks > Then the bullish rally towards 1.80000, 1.81500 and 1.83500 respectively would have began. > Buy orders around 1.77400 with stops below the current weekly candle 1.76000 > This a long term trade.
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