From price rebounding from previous weekly low from 0.87500 we previously encountered on Jan 19th 2015, and a break in both the parallel channel from September 28th, I look to the upside with swing positions targeting 0.92400 zone once 0.89200 is broken.
Fundamentally we will look to see use the US stimulus bill will affect the economy in the upcoming weeks....
Symmetrical triangle being formed inside parallel channel that I have drawn. Set an OCO just in case price breaks through symmetrical triangle, parallel channel and proceeds to move down.
