Between July 27th and August 29th , Eur remained confined within the upper part of the rising Andrews pitch fork. Unless there's a clear bearish breach below the Andrew's pitch forks median line, I expect rise to the upper side towards 1.22. On its way upwards key resistance can be seen around 1.1993, A rejection from this line will call for a short position towards 1.1725, if 1.1725, is broken, then the price could fall further towards 1.1476, According to the daily chart above, Eur is very bullish and could rise further especially if 1.1993 is broken to the upperside. At the moment, I expect a reversal from the upper trend line to pick a short position towards the median line.
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