Time frame - 1H
The pair stays in a neutral position for now .but in case it goes up we'd expect a limit near the 115.95 and breaking this level will rise to retest 125.
other scenario ,with the stochastic and EMA50 negative signlas supports the bearish trend on a short terme and if the pair breaks 112.85 level we'd see a first target at 110.98 and and a long term fibonacci target level at 106.60 .


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