Yesterday pair entered overbought territory and Asian session has brought a minor retrace to 2845, 21 EMA on H1. Our bias is still to the north, we suggest buying dips as long as former top now support @ 2830 holds. If it fails, look for price to return to 2800-2780 levels. Reckon these will hold & send the pair back to the upside. Objectives are unchanged: 3000, 3200, 3400. Resistence @ 2920-30, Aug 12&18 tops. If price reaches these higher levels, look for minor retraces but keep longs as long as former support levels hold.
LONG @ 2840, SL 2820, TP1 2880, TP2 3000, TP3 3200, TP4 3400.
LONG @ 2800, SL 2770, TP1 2840, TP2 2880.
LONG @ 2840, SL 2820, TP1 2880, TP2 3000, TP3 3200, TP4 3400.
LONG @ 2800, SL 2770, TP1 2840, TP2 2880.
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