Looks like the bulls won the battle for now, long trade entered at 1.4162, stop loss at 1.4146, profit target 1.4195. As can be seen on H4, price is supported by 76.4% Fibo level, however as 100 and 200 EMA crossed down on H1 thereby limiting the upside potential.

Profit target hit while writing this blog entry with a +33 pips profit for this trade.

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