It appears the pair is forming head and shoulder on the weekly chart. Prices could head higher to 1.3286 (weekly 50-MA).
The left shoulder amounted to approx 1139 pips. On similar lines, the right shoulder could go up to 1.35 levels before the pair turns lower towards the neckline level.
The left shoulder amounted to approx 1139 pips. On similar lines, the right shoulder could go up to 1.35 levels before the pair turns lower towards the neckline level.
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