Ransquawk

We start the Thursday morning at fairly high levels near yesterday’s closing. Virtually all sessions this week show the vast majority of buyers. This condition has lasted for several weeks. Currently, the price breaks the level of local resistance and the level of the previous peak, as well as the bearish trend line.

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The dynamics of increases, both present and previous reflection, suggest that this move should be continued. It seems, therefore, that the target demand is the main resistance in the region of 1.29.

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Ransquawk