The pair seems to be gaining bullish momentum as RSI is showing some bullish divergence. Additionally, price action has broken above the bullish funnel and is currently around the 1.139 area.
Note however that the pair has struggled breaking past this price area during 2015.
Please trade with caution.
Advised entry would be around the 1.141 price range, above the previous day's highest high in order to confirm upward movement, and adequate bullish momentum.
Trade Safe, Trade Smart
Good Luck
Note however that the pair has struggled breaking past this price area during 2015.
Please trade with caution.
Advised entry would be around the 1.141 price range, above the previous day's highest high in order to confirm upward movement, and adequate bullish momentum.
Trade Safe, Trade Smart
Good Luck