On the Weekly time frame, price is retracing inside the down Fibonacci AB Boundary. The Probability is Bullish and will remain Bullish until the counter trend line is broken. Next Resistance is the 0.618 Fibonacci level at 0.7131 about +150 pips away. The Daily chart is overbought as the Fibonacci D extension was hit and to date there is no Fractal High. I would expect price to retrace once a Fractal High is formed.
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