Main scenario:
The pair is trading along an uptrend.
The uptrend may be expected to continue while pair is trading above support level 1.0820, which will be followed by reaching resistance level 1.1000 and if it keeps on moving up above that level, we may expect the pair to reach resistance level 1.1170.
Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1.0820, which will be followed by moving down to support level 1.0725 and then to 1.0580 - 1.0490.
The pair is trading along an uptrend.
The uptrend may be expected to continue while pair is trading above support level 1.0820, which will be followed by reaching resistance level 1.1000 and if it keeps on moving up above that level, we may expect the pair to reach resistance level 1.1170.
Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1.0820, which will be followed by moving down to support level 1.0725 and then to 1.0580 - 1.0490.
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