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Free Analytics

2019/10/24- 11.29 AM

Our preference: long positions above 1.2875 with targets at 1.2940 & 1.2970 in extension.

Alternative scenario: below 1.2875 look for further downside with 1.2840 & 1.2810 as targets.

Comment: the RSI is bullish and calls for further upside. The pair is supported by the ascending 20-period moving average.

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