A little late to the party, but we should see this pair move higher to the 1.5 level. We have a breach of the previous high indicated by the rectangle, and support from previous PA that held strongly. A good entry here would be to get in on a touch or close to a touch of the 20EMA with a stop just below the lows.
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Adding to long position here.
Trade closed: stop reached
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Price broke through support. Look to go short at the blue line to target 1.44.