
Spot Price: 1.2136
Technical Analysis:
Profits booked on our long trade from Tuesday after prices came close to the 1.2155 target and o/b hourlies initially weighed on price. Daily studies have all swung around to buys from recent bouts in o/s, so traders remain bullish looking to buy into pullbacks, beginning with 1.2110 hourly support. May have to buy a 1.2165 breakout beforehand.
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