This pair has hit a new high since Jan at 1.13944. It passed through strong resistance at 1.10913. This level could be retested. The news in the coming week will guide us on the trajectory.
Possible short from the ascending wedge before going long again.
I have given several options and I welcome your input.
I see a short opportunity once there is a breakout of the falling wedge.
The DXY continues to show weakness. The news at 14:30 today should give us a clearer picture as well.