Main scenario:
The pair is trading along an downtrend.
The downtrend may be expected to continue in case the market drops below support level 1207, which will be followed by reaching support level 1186.
Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1225, which will be followed by moving up to resistance level 123 and then to 1250.
The pair is trading along an downtrend.
The downtrend may be expected to continue in case the market drops below support level 1207, which will be followed by reaching support level 1186.
Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1225, which will be followed by moving up to resistance level 123 and then to 1250.
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