Update: We have reached the targeted resistance for my prior analyis:
.. However, no longs at current levels yet! This bullish scenario is conditional on a clear break above 0.9100 level, the level is technical major, as the main descending resistance of the bearish trend meets the neckline for a weekly inverted head and shoulders pattern. Meantime, a strong Bullish divergence seen on RSI. Could be a good bullish opportunity.
Previous Analysis:
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Previous Analysis:
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