The consolidation stopped @ fibo retracement 0,5. When that Level establish a Support, the possibility is given to see new Highs. Trading above 1,5145 generates a first target @ the former HIGH @ 1,5275, above that Level i exspect a new High at the trendchanels upper edge @ 1,5510
Comments
The_Cannalyst
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wow -fast move! Now the trend (channel) has to be discussed.