These upswings are in conformity with volumes actions.
Today the pair has been able to bounce above to touch resistance 1.0232 levels but rejected above channel line at the same levels.
Currently, it is jumping to clear that resistance with rising volumes.
The spot prices on weekly chart have bounced way above 10DMA curve, this would signal us that the prevailing to sustain further for some more weeks.
While has been converging these price spikes, the current on weekly chart is trending at 66.0354.
To confirm this view, slow curves has approached above 80 levels but no trace of clear %D crossover which is again good signs for bulls.
On daily terms, despite the robust sentiments, there has been a tug war between bulls and bears, but bears have been well leading the show as there are adverse indications.
However, this disparity could be interpreted as bears are generating good opportunities again. So buying one touch delta calls at every dips would be the trading idea for the day targets about 40-45 pips.