The pair broke out of the descending channel and retraces back to the broken trendline finding solid support.
We can expect the price to gather bullish momentum to rise towards the monthly pivot.
Alternatively, a close below 1.14700 will invalidate the buy setup.
We can expect the price to gather bullish momentum to rise towards the monthly pivot.
Alternatively, a close below 1.14700 will invalidate the buy setup.