Really starting to pick up some momentum to the upside.
The weekly timeframe is showing we have broken out of the fib reversal zone and ran into key level 1.14500 (our first upside target)
Zooming in slightly, we can see how impulsive this move has been. The structure has been broken (1.12000 - look left!) so we can draw a Fibonacci and wait to go long if we see a pullback to the fib reversal zone/key support level
The weekly timeframe is showing we have broken out of the fib reversal zone and ran into key level 1.14500 (our first upside target)
Zooming in slightly, we can see how impulsive this move has been. The structure has been broken (1.12000 - look left!) so we can draw a Fibonacci and wait to go long if we see a pullback to the fib reversal zone/key support level