A sustained move over 1.0994 will signal the presence of buyers. These are likely traders defending the main bottom at 1.0989. If this move creates enough upside momentum then look for a retest of the downtrending Gann angle at 1.1017.
Taking out 1.1017 could trigger a move into the main 50% level at 1.1029. This is a potential trigger point for an acceleration into the next downtrending Gann angle at 1.1057.
Taking out 1.1017 could trigger a move into the main 50% level at 1.1029. This is a potential trigger point for an acceleration into the next downtrending Gann angle at 1.1057.