The massive bullish run on the pair may have come to a halt as price hits a previous range resistance on the weekly chart. Expectations are for price to target the range support which could be the scenario for most of the coming months.
An inside on the pair at the weekly range resistance has initiated some bearishness which could send the pair into Daily support at about 90.20 or the weekly range support at about 88.05. Price action setups to rejoin the more dominant bullish trend will be expected at about those points.
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