During FOMC statement we saw fall in this pair but still not break the short term bullish trend.
Most Likely Scenario:- Long above @0.7008 with target 0.7134 to recover fall during the FOMC statement and continue its uptrent movement
Alternative:- Short below @0.7008 with target 0.6955 to break uptrend channel and start further downward movement
Weekly Trend Bias for this pair is Bearish trend and weekly candlestick pattern shows Morning Star pattern which gives bullish indication but still its not give clear indication
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