Currently we are @ 1.3053 after the break of the wedge and the .382 Fibo-which is bullish for the pair. The expected move is up first to the resistance zone in the 1.3092-3100 area. A break here suggests a move to the fifth wave R5 @ 1.3187 with an overall target this week @ 1.3227.. The daily ATR (Average True Range) is 99 Pips.

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