As mentioned in previous post we found support last year at the lower bound of a multi year channel at 109.50 and a swift recovery has taken shape since then.
A recovery appears plausible towards 121. A break above will take it towards 122.50/123 with the next handle at 124.
All the best and trade with care. Thanks for your support.
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break above showing 124 this coming week before the next leg down, twinned with the neckline at 1.08 on eurusd