In the monthly and the weekly chart we are in a continues uptrend. In the daily we are seeing a recovery from a short retracement to the 200 EMA. In the 4H chart the 100 Ema has surpassed the 250 ema confirming a strong short uptrend aswell. At the value of 0.99247 this pair finds a strong historical level that can serve as a strong support for the continuation of this movement. A strong level in the future would be the value 1.022 where the bears have made a strong opposition before forming a interesting ascending triangle in the monthly and weekly charts.
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Best Regards , Zoro.
Feel free to follow, comment and share your ideas.
Best Regards , Zoro.
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Lets close the trade and call it a day. at 0.99756
