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The pair is moving against the Australian dollar in an upward direction on the daily frame since July last year, where it rose from the support levels 1.7630-1.7770
The pair reached a support area at 1.9660-1.9515 levels from which it rose last month in addition to an uptrend line from last July
Therefore, the price is expected to rise again to 2.0360-2.0580 levels, as it fell from it also last month
The trading range is 1.9515-1.9660
Expected bullish trend
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