The pair might be ready to resume its long term bullish trend after a multi-week consolidation.
It is tempting to jump on a long position given the potential end of the retracement but there is still a downside risk towards 0,85 corresponding to the 38% retracement level of the major move.
As a result, we will wait for a break above 0,90 to start building a long position with a next target at previous high (0,93).
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