The pair is moving in a sideways direction forming a symmetrical triangle pattern as shown on the four hour chart … Going out of the area specified in the image determines the direction of the price.
A breach of 111.85 could push the pair to target 112.50 as the first target then 113.15 as the second target then the resistance at 113.80 as the third target.
A breach of support 110.80 could enter the price towards a corrective correction targeting targets 110.05 as the first target and then support 109.25 as a second target and could extend this router to test support 108.50 as a third target.
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