Prices are still hovering near the descending trend-line level at 0.8470/90.
A weekly close above here will accelerate the upward move that can drive prices higher toward 0.8620 and 0.8740 through 0.8530 and 0.8575.
We recommend building long positions at market with a stop loss level at 0.8327.
A weekly close above here will accelerate the upward move that can drive prices higher toward 0.8620 and 0.8740 through 0.8530 and 0.8575.
We recommend building long positions at market with a stop loss level at 0.8327.