Technicals: This pair seems as though it is bouncing from horizontal support. Daily Kijun Trend Bounce potential with hidden bullish divergence. The weekly Chikou span looks like it is about to move back above the weekly cloud. Daily ADX is trending. A move strong toward and above the Tenkan would confirm the entry.
The weekly Chikou fell back inside the cloud and price is hovering over the cloud of support. There is potential for a bounce.
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