- Price action has went above both 10 & 50.
- Price action has been in an uptrend for this 2016, so far.
- Bulls or buy traders still control this pair & in my opinion for rest of April.
- triangle is still intact with increasing price action, which should break out of top of triangle soon.
- Yes, to me A -B-C or correction waves for last several years appears to be done.
*For safety & money management, I will be looking for trades with trend or upwards for next few weeks, with this pair.