Can it head up more, now at 1.035 !!
We have seen a convincing breakout above 1.00 psychological resistance today which can give rise to more strength towards 1.10 then 1.15. As long as 1.00 holds as support now, we are short term bullish it stop loss at 1.085 for any long positions. Have pulled away positively from all 3 moving averages with the short term MA crossing above both longer term MA which can potentially signal a reversal in the making. An inverse head and shoulder seen with it breaking above neckline resistance. Positive above 1.00.