Caddy looks like its about to erupt from the looks of its current price action. We have been on a downtrend for the longest of time and it looks like we're about to breakout and rise above. We have failed to break 1.25 by supporting this and had 2 formations of higher lows, from this the attempt to break resistance at 1.26250 is imminent and I am quite confident if we manage to close above the trend line and 1.26250 we could indeed see the pair fly towards 1.28-1.2285 territory.