MACD/Signal is above 0
is making higher highs and higher lows, currently no Divergence
Price is Above 1.3000
Price is Above 8
Price broke down
Price is Above up , has tested 3 times. 4 would make the line even stronger, assuming it held.
CCY pair has been ranging here for over 3 years, has tested the low last year, could be set to test the highs of 1.4000 then 1.5000
If the 8ema were to break and weekly price hold under that, blue with arrow would be the next target. Then 1.3000 , all of which will prove to be a very hard slog to get through cleanly.
There is pretty much blue sky up to 1.4000 when we break the 1.3400 significant horizontal.