After last weeks downtrend, it looks like we are in the uptrend for today. On daily or 4h chart we can see a triangle forming with the preassure to go up. If we brea 1.17324 level we can enter long. Looking to enter long on 1h chart, after a pull back to 1.6595 or 1.6844.
Weekly - Sideways
Daily - Downtrend
4h - Downtrend, to Uptrend ( HH, HL )
1h - Downtrend to Uptrend
- weekly - downtrend, reached critical support level
- daily - pierced the critical weekly support line, bounced back to 38.2, long wicks.
If 93.02 level pierced again, we might have a bearish confirmation.