I think this should go up into the region above 1.64. Looking at the two shapes in the rectangles shows the second is inverted and aimed higher, about 400 pips higher.
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Update to show XABC pattern in play. D would get us up into the shorting zone above 1.64.
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starting to move. up above the quagmire now. 1.16192 next hurdle then the 1.64s.