PLUS!
-this is touching hard resistance on the 4H.
- Head and shoulders on RSI on the 1H
This baby may very possibly go down. At least to the 56400 range.
cheers!
When looking at the weekly chart, one can definitely see a bullish flag forming. In the hourly (shown) there was some clear support at the 100 MA and a healthy bounce to continue to go higher at least to about 1.19. We also can clearly see a healthy MACD crossing, sign of a possible new upside trend.
