Bullish Divergence with MACD and Break above the Bearish Trend line are the evidences of trend reversal
we can target the Fibonacci Projection Parallels legs and Extension levels
we may hove some retracement along the Move up which is very normal for a healthy uptrend
1.65000 level represents the concrete support level drawn from the Monthly charts, which has been clearly rejected and the price now aims at breaking the channel that it is confined in and close above the daily 50 EMA!
A convincing close above daily 50 EMA needs to take place, thereby giving further confluence that the price is headed towards the 1.69000...