is trading at 1.0685. The pair started a new up trend after breaking the resistance level
at 1.0647. Previously, the pair was trading in down trend for a long time in the descending resistance and support wedges
. As the pair has already started a new up trend after breaking the resistance level
, its first target price is at 1.0729 and second target price will be at 1.0779.
Follow a proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade.
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