Price is in an upward channel. In the short term, a downward-tilted zone is present. The short term structure is seemingly corrective and so we favor a bullish bias in the medium term.
Conditional on the break up of the 1.1280, a surge towards the upper boundary of channel is favored. As long as the 1.1123 support holds, this scenario remains intact.
Cyclical Waves Group
Conditional on the break up of the 1.1280, a surge towards the upper boundary of channel is favored. As long as the 1.1123 support holds, this scenario remains intact.
Cyclical Waves Group
