
The pair succeeded to end yesterday dealings rising as it was expected through the last
analysis but it is noticed that a bullish wedge has been formed that shifts this direction, this
expresses weakness of this bullish direction for the short-term and intraday levels so it is
expected that the pair may decline during the intraday trades of today but breaking the
support level 1.4260 is needed as a confirmation for this declining, this confirms breaking
the pair out of this formed pattern to target then the support level 1.4060 to test it.
The stability of these expectations requires the stability of the resistance level 1.4390.
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