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Momentum found here. Price below all 3MA's. expecting price to go towards the physiological levels of 0.70075 and 0.69900
and both going down. MA 27 and MA 100 both crossed over to the downside. Importantly, there is a forming on this time frame. so expecting moves to the upside.
We are currently seeing a retracement of the recent bull run which started 10th July. Price broke down the 27day MA. The 100 & 200 MA's are seating within the buy zone, so expecting price to test one of them before we see the continuation of the bull run.
I am currently expecting more upside on the pair. Watch out for the buy zone.
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