The pair has dropped for the whole may, and the price is currently sitting on trendline support where also daily 200 ma is located.
It's also currently bottom for the channel and bulls could take the dominance from these levels.
There are few "roadblocks" for the upside movement naturally, and the first one is on the 1.83 ish where the decision for the trend is to be made. If the bulls are successful with capturing the 1.83 and pushing through the resistance probability for the wick fill located at the 1.85 is likely to happen.
Happy and safe trading!
It's also currently bottom for the channel and bulls could take the dominance from these levels.
There are few "roadblocks" for the upside movement naturally, and the first one is on the 1.83 ish where the decision for the trend is to be made. If the bulls are successful with capturing the 1.83 and pushing through the resistance probability for the wick fill located at the 1.85 is likely to happen.
Happy and safe trading!
Trade closed: stop reached