On daily chart we can see long term bullish trend. Lately price came back to gains after strong correction. Currently for 3 days we can see another small bearish correction. Price is next to 1.3060 support. It is worth to notice that few earlier corrections had the same size and then we could see at least few days of gains.
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On H4 we can see reaction in support area. It looks like big bullish candle may be a promise of the end of correction. If this scenario is true, price shouldn’t drop below support. It is worth to look for buy signal with SL few pips below support.
