We have now seen price touch the yellow TL 4 times, just above major daily support at 1.0800.
We now expect to see price rise and break through minor resistance at around 1.0920. Price may have initial difficulty breaking through the next resistance area at 1.1020 but it should not pose a significant problem.
1.1400 is the goal and should hopefully be reached in the coming weeks.
Stops at 1.0780
We now expect to see price rise and break through minor resistance at around 1.0920. Price may have initial difficulty breaking through the next resistance area at 1.1020 but it should not pose a significant problem.
1.1400 is the goal and should hopefully be reached in the coming weeks.
Stops at 1.0780
