Price may be looking to finally reverse after a long severe downtrend. With a confluence of the inverse H&S in favour of the bulls, price will climb and if it does break short term supply at 1.31700, may head for 1.32500 before further trend uncertainity. Persistent rejection of price breaking below demand zone around 1.30650 is also a major factor to conisder.
Chart PatternsTrend Analysis

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