Another large upmove on cards for MANAUSD?

MANAUSD is nicely consolidating in a triangle. If it breaks out on the upper line then we might see another wild move. Definitely keep an eye on this one.

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After the previous upmove, expectation was that pattern would likely break on the upside after consolidation but it broke on the downside.

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Downside could continue till 1.96 level as per the height of triangle formation.

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It has broken out of the channel -