On the chart I plotted the levels where prices might react ... the red lines refer to the monthly levels, the black levels weekly to daily levels blue ones and the red dashed to four hours.
From the graph it is clear that the neckline has not been broken, and consequently the price is returned on, breaking the weekly level. For the next few weeks, the price may continue to rise until at least 1.3240-1.3310 area unless we return below the weekly level.
good trading
From the graph it is clear that the neckline has not been broken, and consequently the price is returned on, breaking the weekly level. For the next few weeks, the price may continue to rise until at least 1.3240-1.3310 area unless we return below the weekly level.
good trading