Main scenario: The pair is trading along an sideways trend between support 1.1290 and main resistance level 1.1380. An downtrend will start as soon, as the pair drops below support level 1.1290, which will be followed by moving down to support level 1.1205. Alternative scenario: The uptrend may be expected to continue in case the market rises above resistance level 1.1380, which will be followed by reaching resistance level 1.1475.
Main scenario: The pair is trading along an local uptrend with target on 1.4630 - 1.4600, from that we can expect rebounding to support level 1.4450. Certain downtrend will start as soon, as the pair drops below support level 1.4450, which will be followed by moving down to support level 1.4360 and then to 1.4240.
Main scenario: The pair is trading along an uptrend with target on 1282 and its may be expected to continue, while pair is trading above support level 1238. Alternative scenario: An downtrend will start as soon, as the pair drops below support level 1238, which will be followed by moving down to support level 1222.
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