Looks like a flag breakout on the hourly charts. The next resistance is at 1.3000. We have considerable room to rally from here after the breakout. Stops are below the recent lows on the hourly timeframe.
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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.