Breakout achieved, we can see resistance at the previous ATH, in combination with the oversold position on the RSI. This breakout can be seen accompanied by a large increase in volume, the key indicator.
We may see a minor retracement to the previous support or resistance. I have taken some profits from this breakout and will me closely monitoring this currency.
We may see a minor retracement to the previous support or resistance. I have taken some profits from this breakout and will me closely monitoring this currency.