Key Technical Bullets:
Bounced off hourly 144 & 169 EMA’s
13-hour sma remains above 144 & 169 ema’s (bullish)
Sees channel resistance near 1.0500
Channel pattern width is 75-80 pips
RSI broke above corresponding channel resistance prior to price (bullish)
Pattern becomes effective upon hourly close above 1.0500
Should channel become valid, measured move objective ~1.0575
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