Main scenario:
The pair is trading along an sideways trend with target on resistance level 1.1000.
The downtrend may be expected to continue from resistance level 1.1000 or as the pair drops below support level 1.0870, which will be followed by moving down to support level 1.0725.
Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.1000, which will be followed by moving up to resistance level 1.1090.
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