Formation of a bullish channel, in confluence of a major retest zone between 1.10050 and 1.09950. The price is near the 61.8 Fibonacci retracement area. We have a bullish potential up to 1.10650 and if we pass this area, we can go to 1.11000 without much difficulty.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.