The pattern continuation after the current retracement is reasonable to expect.
Also, the price is moving within a , and has reached the channels resistance line.
Channel violation upwards would not be a signal for me, given the specifics of the current trading environment with a lot of false breakouts and signals.
Horizontally directed channel violation does not sway my mind and I will be convinced that the market has indeed changed it's posture on the pair only if the two levels are broken up with the confirmation.
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