My view earlier had wrong timing, but the overall view seems in tact.
We have a clear inverted false bear flag on our weekly and daily chart. The lower end of the channel is around 1.6653 and the top 1.6930. The downtrend resistance line is protected somewhere above 1.7400.
I suggest buying between 1.6700 and 1.6775 for a move to 1.7380.
Stops can be placed below the channel low of 1.6630.
We have a clear inverted false bear flag on our weekly and daily chart. The lower end of the channel is around 1.6653 and the top 1.6930. The downtrend resistance line is protected somewhere above 1.7400.
I suggest buying between 1.6700 and 1.6775 for a move to 1.7380.
Stops can be placed below the channel low of 1.6630.