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Intraday: Bullish
Technical Analysis
Preference:
Buy position is envisaged if price trades above 0.87250 with take profit at 0.87487
Alternative scenario:
Sell position is envisaged if price trades below 0.87043 with take profit at 0.86821
Fundamentals:
No major economic data expected today
Comment: The pair is trading around a strong support level on the hourly chart and a retracement off the region is on the card
Analysis: SCRUM Team
