MARKET ANALYSIS: The pair has been trading inside a resistance zone for quite some time. Now as we have mentioned before the pair broke the resistance zone and is now heading towards a new higher high, If the support holds we can see a new high to the next possible major resistance level. So lets wait and see what the market does in the coming days, cheers!
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Comments
indianlover100
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Very good analysis Kishore.It also proves a point that never trade against a strong trend.