As this market is approaching the strong horizontal support level
(the range to the left), I expect it to bounce back up again. The outer sliding parallel should help contain price within the regular Andrews pitchfork
. The CAD continues to be very strong and it is oversold now, which may give an extra wind in the sails. The JPY - on the contrary - neutral/weak (so let's call it weakish) and relatively overbought. So, nothing wrong in looking to go long around 94.8.
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