There is a lot on the chart.
Firstly Prices has broken out of the symmetrical triangle (purple lines)
Broke out and consolidated
Forming a Trend Channel in the process.(lime green lines)
Top of channel meets a resistance line
At 0.535.
Analyst have been calling a target of 0.61.
Look at previous post for longer term view.
For trading 0.53 is first out.
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