Successful break of 136.62/66 confluence of EMAs on 4-hour chart, namely the 4H 21 and 4H 50EMA, can trigger the pair’s recovery to 23.6% Fibonacci retracement of late-May to June declines, 136.86, while the week’s high of 137.34 might become buyers’ choice then after.
Chart PatternsTrend AnalysisWave Analysis

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