We see an uptrend but price rejected 1.2625 level multiple occasions As a result it is possible that price could break through, However I believe price will correct itself as people take their profits before price then rejects support and creates a new high.
Trade closed: target reached
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So price closed above resistance, then retested it once and went up.
This is due to momentum which I didn't explicitly say but did mention 'Price could break through'.
This is due to momentum which I didn't explicitly say but did mention 'Price could break through'.
id say this is a
W