The pair moves graciously in the horizontal channel and should continue doing that till the end of the month. We look first to shorting the pair and then going long from the bottom of the channel.
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Trade active
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The price made a large bearish move and neared some sellers first target at 1.1782.
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First and second targets achieved.
Trade active
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The price continues acting bearish, it might reach the 1.1716 area.
Order cancelled
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The pair is still bearish and so our intent to buy is for now cancelled.