The pressure remains on the topside given the recent price action and the studies setup.
A break back above 1,05 will confirm the bullish outlook. However, from a technical stand point, last week candle presents an engulfing pattern which is always very bearish. Thus, a break below 1,02 would expose a test of parity.
Considering the antinomic setup, we recommand to remain very vigilent while trading the antipodeans over the coming days.
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