on the daily chart looks like it is forming a bullish channel which started at 1.25 and 1.30 area may terminate this efects that is forming on the daily would be nothing but the retracement of the week after a sharp descent started in May and until now has never been a true retracement so it is very likely that if the support holds 27.01 then prices with good chance they can get to the area 1:30
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