In my opinion the pair has just completed a brief and minor correction and we could be setting ourselves up for one last move up retesting the 114.30 level. I am awaiting further confirmation as the pair's next move is still not very clear but I do remain a little more biased towards the upside rather than the downside.
Trade safe and implement your own due diligence before entering a trade.
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Another possible scenario...but I still expect it to break the trendline first before moving down..We shall see