Not yet. We are still trading in the channel. We have yet to break up of the bull flag.
If we break below the 55EMA,
Support 1 @ 1.225 otherwise 1.170
A clean break and close above $1.325 will test $1.43 in the next few days.
Comment:
Nice bounce at 1.170.
Let's see whether we can break up this week or not.
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Not yet. We are still trading in the channel. We have yet to break up of the bull flag.
If we break below the 55EMA,
Support 1 @ 1.225 otherwise 1.170
A clean break and close above $1.325 will test $1.43 in the next few days.