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Now the instrument is on the brink of breaking out of the tunnel as it has already overcome the pattern's resistance and now only two levels 101.57/9 (50-hour SMA, daily S1) and 101.74/82 (daily S2, S3) are capable to contain a sharp appreciation that usually follows a bullish breakout from a trading pattern. According to the SWFX data, traders are in favour of the rally-almost 70% of all orders are placed to buy the pair.
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