After a consolidation, the cross has stabilized before a rebound in the recent sessions. This rebound may extend upon a break above 1.7150 toward 1.7345 before a test of the medium term resistance at 1.7507. A break above this barrier would accentuate the bullish potential in the medium term. Intraday support lies at 1.7935. Buy – Stoploss @ 1.7929 – Target @ 1.7499.
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