The price dropped to the support zone. It's in the support price channel. From here the price may rise to 1.9500. At that point will witness little rejection, from there I expect it to rollback and further upward trend movement the channel border with strong price support is crossed at this point. I expect the price reaction in the form of a rollback, consolidation and further upward trend movement My target - Resistance formed by local peaks - 1.2284
Trend Analysis

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