My previous analysis was accurate as the price reached the expected level.
The market experienced a strong upward movement and broke the descending channel, consolidating above it.
The current price is testing the primary resistance zone, and a pullback to the support level is possible before the trend continues.
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I believe the best entry point would be the previous resistance level, which now acts as a support or swing zone.
My target is the primary resistance at 1.11200.
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