Price still seems like it is topping here, but I am maintaining my bullish bias since the ascending channel remained intact this morning. Price retraced to 50% fib level depicted on chart H4. With a break and retest of 0.0 fib level - 1.3720 overall target would be 1.3955 which is the 161.8 fib extension. May go long if price pulls back to 1.3570 area and look to exit at 1.3690. Will wait for break and retest of 0.0 level to initiate another long position. Will be looking to go short with a break and retest of bottom trend line of ascending channel.
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