Key Area broken and was tested. We are expectant of this level to be respected and price to rally to the upside.
Overall we have a ascending triangle break which represents bullish continuation bias.
This pair has been respecting and playing around yellow area support/Resistance . I am hoping and expecting it will continue with this and start to fall back to lower trendline . Besides the support resistance area I have noticed a bearish flag pattern and is also around a key Fib level.
Price is currently in the a fourth wave of the Elliot wave principle ...