"Bearish engulfing" pattern negated by surge to new a 1.1096 multi-year high

There is now scope for much bigger gains to test March 31 2022 1.1185 high

14-day momentum remains positive, tenkan and kijun lines are bullish aligned

The 1.0959 Fibo should limit bigger near-term corrective moves

1.0959 Fibo, a 23.6% retrace of the 1.0517-1.1096 (March-April) EBS rise

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