It is currently at a area of consolidation and as such needs to be traded carefully. I will be watching the 15M/1H/4H charts for reversals from runs and buying on weakness.
in the long term 1.18 is a area to be careful around and will make a good exit point for long term bulls, as will 1.22. If the bulls continue to be strong mid 1.30s are achievable but not without trouble along the way.
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