We are overal bullish on this pair.
Few reasons are:
Price is putting in Higher Highs and Higher lows on Daily and Weekly.
Price is nice and clear above the 50EMA.
Dollar strength
Potentiel ABCD
We would need to see price breach above 1.345 and to gain more confluences to take any position.
There are also many other reasons we are bullish.
However we could see price break the inner trendilne and touch the outer trendline again.
Few reasons are:
Price is putting in Higher Highs and Higher lows on Daily and Weekly.
Price is nice and clear above the 50EMA.
Dollar strength
Potentiel ABCD
We would need to see price breach above 1.345 and to gain more confluences to take any position.
There are also many other reasons we are bullish.
However we could see price break the inner trendilne and touch the outer trendline again.