This pair has been forming bullish daily candles at strong support zone and a triangle. I expect a bullish breakout since the price action and volume suggests break out to the upside. There is also RSI divergence.
8 months ago
Price retesting the broken triangle. Another opportunity for long.
It's a daily break out. It should go at least top of the range around 86.20. But it all depends if you are a long or short term trader. The first profit taking can be done @81.80 and the stop loss to BE. Stop loss should be below 77.60. Thank you.