The bullish inverted head and shoulder breakout has had a weak follow through as the spot has been offered at the upper Bollinger band resistance. As of now, the spot is trading just below the neckline level of 1.0790.
What we need is another daily close above 1.0790. That would open doors for 1.09-1.10 levels.
What we need is another daily close above 1.0790. That would open doors for 1.09-1.10 levels.