Previous bullish channel was formed however a break of structure occurred around the 114.200 price.
The breakout did not happen in one go so there is a sign that the price will bounce off of the previous support as a retest of the breakout before it actually breaks out and the opportunity to go short is opened up.
The breakout did not happen in one go so there is a sign that the price will bounce off of the previous support as a retest of the breakout before it actually breaks out and the opportunity to go short is opened up.