Weekly Chart:
Bullish Engulfing Pattern with rejection of low price at key level 1.537
Daily Chart:
Friday closed with a bullish candle with rejection of high price but still broke out the short-term downtrend line since 11 Oct. 2018
Watch out:
1. There might be a retest @ area around 1.57
2. Long-term uptrend line since 20 Feb 2017 might act as a resistance
Action:
Waiting for a pullback and price action pattern to determine a long entry @ area around 1.57
Bullish Engulfing Pattern with rejection of low price at key level 1.537
Daily Chart:
Friday closed with a bullish candle with rejection of high price but still broke out the short-term downtrend line since 11 Oct. 2018
Watch out:
1. There might be a retest @ area around 1.57
2. Long-term uptrend line since 20 Feb 2017 might act as a resistance
Action:
Waiting for a pullback and price action pattern to determine a long entry @ area around 1.57