is trading at 124.66. The pair may start a new down trend if it breaks the support level
at 124.10. Previously, the pair was making higher high lower low pattern in the resistance and support wedges
. If the pair starts a new down trend after breaking the support level
, then its first target price will be at 122.65 and the second target price will be at 121.76.
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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