After breaking a major support zone and experiencing a false breakout of support, buyers launched another attack, and buying momentum picked up after breaking the descending parallel channel. This resulted in higher highs and higher lows, indicating a bullish trend. Targets at 0.4350 and 0.5071 now seems achievable, as long as the 0.2710 level doesn't break.
Trade closed: target reached:
TP1 Hit