Signal: Buy as the price remains above the 1D MA50, which during the previous bullish leg to the Channel's Higher High, was the Support.
Target: 1.96000 (just below the 2.0 Fibonacci extension).
Extra indicators:
* The 1D MA50/100 Bearish and Bullish Crosses happened almost at the exact levels of the Cup patterns. An internal Channel Up followed the Bullish Cross. * The RSI sequences of as the Cup transitioned to a Channel Up, are very similar.
please what about GBPNZD, it's the same he will go higher?
thx