Pattern: Channel Up on 1D.
Signal: Bullish as the price is rebounding off a Higher Low.
Target: 1.00900 (symmetrical level with the previous Lower High sequence).
Price is retracing from the trend line which is near 0.618 fibo level and bottom bollinger band is touching the previous candle as well, shows us a bullish movement. In the meantime 50 EMA is crossing above middle bollinger band is also showing us a bullish movement.
Note: Trade at your own risk.
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