The parity price is testing right now a strong resistance area at 1.1720 – 1.1740. If the price breaks that area to the up, 1.1780 and 1.1840 will be our next targets. On the other hand, the price might break out a forming ascending triangle to the down after reaching triangle's tip.
Comment:
The price is generally wavering between 1.1720 - 1.1740 area and the resistance at 1.1780 level, but it also tested few times 1.1800 level and above. However, still, we are looking for a concerted break out from the triangle formation.