As we can see this pair has been in a range since 2013 (green lines limits of monthly), On the dailly we see more range movement (red borders). As price is now at a point historically considered low we expect market to go up.
Trade active
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Trade was activited this morning for me. Chose to go in above monthly resistance (green line) even though i expected price to struggle it just broke through thats a good sign. we might encounter resistance soon and some profit taking at the next resistance area. But Long all the way up. Dont miss this ride guys
Comment
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Retouch of support. Opportunity to enter the trade