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The weekly chart indicates the possiblity of achieving 1.30 this week. However, to say its an uptrend may jump the gun a bit because the monthly chart on the other hand indicates the possiblity of a reversal if the price cannot overcome the band of resistance lurking around that 1.30 level. Some intraday/intraweek weaknesses may present entry opportunities for those who may want to brave the likelihood of troubled waters ahead.
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