The 1.5771 level has been an important pivot for over a year. We have seen a convincing breakout above that level in December 2018, we are now seeing a re-test of this level (which is also a 61.8% Fib retracement level (1.5808 (close enough)) from that latest move up).
Immediate levels on the upside in the next few weeks/months are:
- 1.5986
- 1.6256
- 1.6354
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