As we can very clearly see that the pair is in a channel which is a buy trend. Also the pair is making a new higher high while not breaking the previous lower low.
The pair might touch the trendling support area and then bounce back.
One can take a buy entry with a tp at 2.00000 while keeping SL at 1.91000 .
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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.