The pair has seen a corrective move
from the midday of January 30 down from 1.599 without any positive signs on the
pair until midday on January 31st as the pair started trying to regain momentum
on the resumption of the ascend From 1.5730 to re-target the breach of the
resistance that retreated at 1.599
The pair currently managed to rise from the
saturation of the sale and is currently trading the highest averages of eight
days and the highest support 1.5700, which makes us confidently believe that
the decline was within the process of temporary correction so we prefer to buy
the pair now
Trading Recommendation
Buy the pair from current levels 1.57960
Take the first profit 1.5850
Second profit
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