In the 4-hour chart, the risk is also scheduled to the upside as the pair soared beyond all of its moving averages, while technical indicators barely pared their advances in overbought territory. The pair could extend its advance one beyond the 1.1210 level, as stops should be gathered just above the mentioned monthly high.
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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.