Since we took our profits from our buy-set up (see my post of 27 May) at 0.8850 the bears have been defending this level at least 20x (by my count!) I will be watching this level closely in the coming week as this is a great example of bears and bulls battling an area of interest. The pair Let’s see if, and who wins the battle this week, but either way, it should make for a good move. Note that this pair has been moving in a 550p range this whole year.

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