Broken out of the wedge formation to the upside. A bullish reverse Head and Shoulders has formed. 200-hour EMA is at 1.8000. The RSI is trending higher. A move through 1.8150 will confirm the bullish momentum. Dip buying offers good risk/reward. We look for gains to be extended today. Further upside is expected although we prefer to set longs at our bespoke support levels at 1.8000, resulting in improved risk/reward. Our profit targets will be 1.8118 and 1.8169
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