Just last week, we spotted some bullish actions above the 2.80 key resistance level…
Has been trading below this level for about a year and finally some actions seen..
Trend indicators were also showing some signs of a reversal but with confirmation required…
See what was seen then as it happened… where upside targets were drawn…
Over the past few days we have seen more upside with it hitting a high of 2.92 before some profit taking again…
A bullish reversal pattern spotted too on the bigger picture..
Some slight resistance from 2.90 – 2.92 for now but upside momentum should be able to continue if this clears…
See where we are now….
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