General outlook for the pair

The major trend is BULLISH, the pair makes small corrections and continue to increase.

Weekly chart

RSI : 63 = bullish
Pair situation : above the kumo = bullish

Monthly chart

Pair situation: above the kumo = bullish
RSI : 73= so bullish

Expected scenario : the resistance may put the pair to close near 7.8432 in first September.
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