The pair is currently consolidating within a wide horizontal trading range on a 4H time frame.
Following a test of its support, the price has shown some sideways movement and distribution.
A break above its minor resistance indicates a strong intraday bullish signal; therefore, I anticipate that the price could increase to the 1.1003 level.
Following a test of its support, the price has shown some sideways movement and distribution.
A break above its minor resistance indicates a strong intraday bullish signal; therefore, I anticipate that the price could increase to the 1.1003 level.
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