is trading at 1.2985. The pair is trading in a resistance and support channel from some time and now broke a small resistance level
at 1.2939 to start a new uptrend. It has rebounded after touching the support level
and started a new uptrend. Soon pair will touch the first resistance level
at 1.3017 and if it breaks that level, then it can touch the second resistance level
Follow 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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