For the time being, the pair has just past the middle trend of its rising channel and has touched its falling trend.
(+) 1.17 level will be the target for the future. Apart from that, 1.20-1.21 levels should be followed if the price wants to touch the upper point of the channel.
(-) However, if prices come back from here, 1.12 will be a significant boost...
Looking for a tiny squeeze upwards to a major resistance zone, Then looking to place sell orders If I see a change of direction resisting that TOP & even more so if RSI is still in overbought territory. Comment below & let me know what you think!
