2020

Pair respects major uptrendline, based below key level at 1.2780

Above SMA 100 and 200 on H4 frame

MACD shows starting of bullish momentum

RSI is above level 50

Below HVN at level 1.2914

First scenario: in case price break major downtrendline and close above key level at 1.2915

it's recommended to open long position to target next resistance level at 1.3200

Second scenario: in case price break major uptrendline and close below support level at 1.2455

it's recommended to open short position to target next support level at 1.2075

We recommend not to buy or sell only after knowing which scenario will be followed

S1: 1.2460

S2: 1.2255

S3: 1.2075

Pivot: 1.2650

R1: 1.2810

R2: 1.3200

R3: 1.3500

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