Weeks ago the pair did break the resistance at M_PP and with the same strong momentum moved up to the M_R1 where it encountered resistance. After meeting this resistance the pair retraced down to test the support at M_PP which was broken for a while but then the bulls managed to bring the price above it again. Now as the price is trading above this area, we will be looking for a retest of the M_PP and then see for any possible buy position if this area give signs of holding as support.