The price of the parity has already bounced off the lower band of the ending diagonal. Now it will be heading the upper band at 1.8780 level with presumably same speed as before - the price repeats its previous movement. However, the price movement is losing its momentum, so we should also consider that previous top at 1.8340 level might be the final price destination and strong resistance.
@LimitFX great work, you have very good analysis putout. Can i suggest you put a Entry, Stop Loss and Target Profit 1 , Target Profit 2 and Target Profit 3 this will make the analysis you put out more appreciated with a clear trading strategy and risk reward considerations.
LimitMarkets
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@formobilogmay, Thanks for your support. We will consider publishing ideas with risk-reward levels.