Price has retraced to golden zone on the fib which coincides with a significant 4HR support zone, formed a double bottom and then price broke a descending trend line on the lower tf signifying a change in momentum to the upside.
Commentaire:
Also there is bullish divergence on the RSI on 1HR tf!
Commentaire:
Looks like price wasnt ready to move bullish and has moved to the 0.764 level. Strong euro and pound fundamentals should be considered.