The bulls are starting to wake up!
BUT they still need more momentum to change the overall trend of this pair.
On the , price broke above the 200 and bounced of it after the retest by printing higher lows. Currently it is trading inside this triangle and the market is eagerly waiting for a breakout to either side. If price breaks to the upside, the bulls will take the price to retest the the 2015 Highs(0.8200's) which is a very important . On the other hand, if the bears win the battle, they will gradually take the price lower to retry and break through the 0.7000 psychological .
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