Weekly chart shows bullish
break from falling channel
followed by a rising wedge
. Whether prices breach it on the upside or downside could be decided in a next month or so since we have June Fed rate decision and Brexit referendum.
break could see the prices test supply around a larger falling trend line
resistance seen around $1370-1380.
break would open doors for a re-test of falling channel
level now seen around $1220-1200.