Price broke through the 1.24200 Resistance Level and pulled back to retest it.
If this level holds up it could become a new support and push price to the 1.27575 level and potentialy the 1.30000 level.
Moreover, price action has been following an ascending impulse wave that could give us a 5th impulse confirmation.
If this level holds up it could become a new support and push price to the 1.27575 level and potentialy the 1.30000 level.
Moreover, price action has been following an ascending impulse wave that could give us a 5th impulse confirmation.