The reasons behind this are
-Price is within an forming HH & HL, we are currently at our bottom line where in the past we have seen bounces to the upside so we could again see that aiming for our Daily Resistance at 130.480. BUT we have been within this uptrend for about 10 days now so I am very aware price could in-fact break below and form an pattern heading down towards our at 127.500.
I will be staying neutral on this pair until I see one of these moves begin to play out.
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