Recently, the price retraced for the second time to the just broken retracement zone 1.0709-1.0677. From the above 4Hour chart, a long position is looming. Unless this equilibrium zone is clear breached to the lower side, that is below 1.0677, I'm long towards 1.0770. I will place my ST slightly below 1.0697 and my TP fixed at 1.0770. I may only reconsider short positions a upon a clear bearish breach below 1.0677.
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