Target achieved - Bullish break out confirmed

TP = 0.70894 hit as the bullish break out from the 4H Channel Down was confirmed (RSI = 60.049, MACD = 0.013, B/BP = 0.0187). The price made a first rejection on the obvious 0.70894 Resistance, with two more attempts remaining. A third failed will result in a bearish break out first towards 0.53866 and then 0.46014. However the most likely scenario is to break higher and consolidate within a new Rectangle at 0.7500 - 0.8600.