On the 28th of Janury 2021, the price reached the main trendline and it got a strong impulse, moving quickly up, breaking through the daily S/R zone at about 0.64300.
It is currently following the same uptrend without any sing of weakness and it will probably reach and re-test the main weekly .
This is clearly an interesting impulse and I'm confident to see soon an upcoming trend correction once the price will eventually reach its main weekly .
Only if the price will get a rejection on the level at about 0.65250, I'll start planning my short position on this trade.
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⚠️Please note the views are not investment advice and should be used only for educational purposes⚠️
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