Last week, the price faced rejection from the bullish trend for the third time. This week, we may see another retest of the bullish trendline and a potential reversal in the trend, with the price reaching the previous resistance level at 1.08760. Please refer to the chart for further details.
NOTE: Do not apply trades blindly. Wait for confirmation and always analyze lower timeframes.
Let me know in the comment section below if you have any questions, ideas, or thoughts...
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