Solid Breakout in Play

Price has finally broken out of the consolidation and sideways box that had been building in this pair.

Now price has broken out, all the traders not already long can look for quick pullback trades into the old resistance breakout area. This area could hold as a new support and a solid area to get long with the momentum higher.
breakout_areaChart Patternsconsolidationnew_supportold_resistancepullback_tradessideways_boxTrend Analysis

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