On our 30 minutes chart we have a falling wedge, with 1.18 acting as our bearish support.

The 4 hour chart has a bullish trendline and a bullish channel adding a general bullish sentiment on the pair.

The H4 Trendline, Channel Lower limit and the wedge's lower trendline are set to intersect at 09/09/2020 08:00. It will be interesting to see how this one plays out.

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Chart PatternsTrend Analysis

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