The price has reached the target mentioned in our previous analysis. Currently, a correction is anticipated to adjust momentum. However, the overall trend remains bullish as long as the price trades above 1.08030.
Stability above 1.0883 will signal the start of a new bullish trend towards 1.0992.
Key Levels to Watch: - Pivot Price: 1.0853 - Resistance Levels: 1.0992, 1.1045, 1.1075 - Support Levels: 1.0803, 1.0768, 1.0707
The price is expected to oscillate between the support at 1.08030 and the resistance at 1.0883.
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