THERE ARE BOTH FUNDAMENTAL AND TECHNICAL ANALYSIS.
FUNDAMENTAL: FEDERAL RESERVE DECREASED INTEREST RATE DECISION WHICH LEADS TO INFLATION FOR USD AND USD WILL WEAKEN AGAINST OTHER CURRENCIES
TECHNICAL: THERE IS THE ENGULFING BAR CANDLESTICK PATTERN AT THE END OF THE DOWNTREND AND IT IS A GOOD SIGNAL FOR TREND REVERSAL
1. TAKE PROFIT 1.3089
2. STOP LOSS 1.2775
3. RISK:REWARD 1:4,5
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