Bullish move coming. Price approaching weekly support.

RSI is clearly in oversold conditions. We expect a little move to the downside support before the major bullish move to the trend line. RSI would confirm when the bullish move occurs

Comment:

Price is making a flag and retesting the previous high as support. We expect the trend to continue upwards after the news tomorrow. Its holiday today in the US so not much movement is expected today.

Trade active:

stoploss:1248.53 (70 pips)
tp:1272.01 (200pips)

Trade closed: stop reached