Usd is currently being supported by the daily support line 112.15. while the price is above this daily support, a long position looks more ideal and can be advised towards 114.13 or even higher. On the way upwards, the key lines to look for include 112.75, 113.55, and 114.13. If these lines are broken, then I expect further bullish momentum towards 118.23 and may head further to 123.00. As at now, only a long position is ideal, but should the price get below 112.15 with a big red candle, then this will provide an avenue for short positions.
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