Constructive daily chart and our 1.2035 long in play

Bullishly aligned averages, 10-21, add to the positive make up: EBS data

Full retrace of 1.2169-1.2024 week's drop to strengthen bull argument

Initial resistance at 1.2107 30DMA, stronger at 1.2150 55DMA

Bullish objective 1.2195-1.2225 area, Fibo, cloud top and 30DMA upper Bolli

Long weekly lower candle shadows and monthly hammer support our bull view

Stop to be raised on a close above 1.2115

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