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Reasons: - Price trades in Range between Support & Resistance Level - Current Resistance level is 1.0890 - Current support Level is 1.0815 - I think price can reach current resistance Level/top part of range - To open position only after confirmation and setup which you trade - Always do your own research before opening positions and always put SL
If you have your own opinion or thoughts about current market situation, feel free to write it in comment below !