The resistance of 1.33914 seems invincible for the bulls, holding it down for a month. The pair has now formed a double top pattern at the resistance and broke the critical support of 1.33668 too. The breakout of the support also yielded a follow through in the RSI indicator, which also formed a double top pattern. Now, the pair is being resisted by the broken support. Hence, we expect the pair to move to the support at 1.33370.
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