Main items we can see on the chart:
a) The Descending Trendline has been broken
b) We see two corrective Structures also broken in the inner zone of the previous Trend
c) Our Bullish Target is the next resistance zone at 1.28000
d) Consider the idea that corrections may come in the process towards the target
Daily Chart:
a) The Descending Trendline has been broken
b) We see two corrective Structures also broken in the inner zone of the previous Trend
c) Our Bullish Target is the next resistance zone at 1.28000
d) Consider the idea that corrections may come in the process towards the target
Daily Chart: