The downward trend here was broken on January 6 and we saw an increase to 104.40. After that, the pair failed to continue up, and we see consolidation in the form of a triangle. In order to enter into a trade, we must see a breakt in resistance.
This will allow the price to rise to: 104.62 and 105.30
DO NOT enter into a trade until there is confirmation of the situation!
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