The nearest potential resistance is set by the 100% Fibo expansion of previous upward wave at the level 1,4414, which may be tested when market stays above the mentioned trend line.
Only after breaking the trend line can change the market sentiment from bullish to bearish.
Daniel Kostecki
Technical Analyst of Financial Markets
daniel.kostecki@xtb.pl
X-Trade Brokers DM S.A.
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