At the moment, the pair is moving inside a descendant channel, that looking at daily charts, could be consider a flag, a continuation figure. As long as the base remains intact (today @ 1.4485) major charts could offer clear signs of a bullish continuation, above the roof (today @1.4700) Anyway, only above 1.4646, first resistance for today, the pair can approach to the 1.4700/10 zone, that if broken could trigger more bullish rallies, to the zone between 1.4745/60. Regarding supports, under 1.4590 the pair will approach to the tough zone around 1.4550, and finally the mentioned base of the channel (remember that will change along the day, right now around 1.4510).
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