Nice price action on this pair, after testing Monthly support, we can expect a lot of buy orders will have been triggered, due to this price broke cleanly above weekly resistance, now looking to be holding firmly after last weeks low test, with another close above, confirming support.
I will be waiting for a daily close, then looking for an entry on the daily should we see and engulfing, pin par confirmation..
I will be waiting for a daily close, then looking for an entry on the daily should we see and engulfing, pin par confirmation..