Price has successfuly broken up its short term downmoving trendline. After this I expect the price will retrace somewhat to 1.0820/30, then it's moving to the upside until 1.0890/1.0900. Alternatively it can move directly to the up without any retracement (but I doubt). Any hourly closing price back below the drawn trandline will negate this idea.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.