The pair is in a very narrow range since yesterday at 13:00 CET, where we can see how the 200-day MA are camouflaged as a support at 89.293. A triangle was formed and when this type of figure forms, we know there's going to be a breakout, but we don't know where. I broke to the upside, and the price is seeking 90.00 to consolidate it. On the other hand, if it doesn't break 90.00, the pair will attack 88.698. A new low will depend on the strength of that level, as it's a zone of potential upwards rebound. Remember that this week's high is at 90.2 and the low is at 88.8. These are levels you should watch out.

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