In July a new MPP was drawn.
Currently it is the situation that it will rise again with the support of new MPP (P) 1.31266 neatly.
Even if looking at the weekly chart, It have been slowly raising it for nearly 10 months.
As a provisional up trend, I'd like to simply place a long.
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Sitting beneath a strong resistance line, going to wait for a confirmation of a reversal then enter a short to just above the 0.5 level at 1.32838, it may continue past that but will lock profit at that level and ride it further down.