Daily is bullish, should go higher at least 50pips.
Bigger picture - is we are currently in the corridor between 1.13 and 1.17. Unlikely to move to corridor 1.17 - 1.20. More likely to go in the coming couple of months towards the lower corridor 1.07 - 1.13 where we will close gap and test the big support line coming from very far back in time.
Bigger picture - is we are currently in the corridor between 1.13 and 1.17. Unlikely to move to corridor 1.17 - 1.20. More likely to go in the coming couple of months towards the lower corridor 1.07 - 1.13 where we will close gap and test the big support line coming from very far back in time.