Yesterday, our stops were taken out when the price went above 110.150. The break above this level is a clear sign that buyers are in complete control, while this remaiins true, that the price is above this level, I expect nothing but a possible momentum even higher. The idea here will be to wait for a pullback towards the same level, 110.150 to pick a possible buy position expecting the price to extend much higher towards 111.513 and should continue even higher. On the chart, only buy positions looks ideal and can be recommended.
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