Main scenario:
The pair is trading along an sideways trend.
An downtrend will start as soon, as the pair drops below support level 1.1000, which will be followed by moving down to support level 1.0580 and if it keeps on moving down below that level, we may expect the pair to reach support level 0.0990.
Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.1390, which will be followed by moving up to resistance level 1.1800.
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