Since yeserday this pair has been back on the up. M30 shows a nice clear channel but this morning it looks like the support of the channel around 0.382 Fibonacci level has been broken and we could be seeing a breakout here if the bulls don't like it.
We either have a trade back into the bullish channel with a target of 1.3618 next Fib level or the breakout will look for a target of the Fib support 1.3566 (0.236 Fib)
Either way hopefully the next candlestick should tell us.
We either have a trade back into the bullish channel with a target of 1.3618 next Fib level or the breakout will look for a target of the Fib support 1.3566 (0.236 Fib)
Either way hopefully the next candlestick should tell us.