On a weekly graph price is in a triangle and a failure of the bearish continuation is in place,
in case of breaking through 1.1400 resistance area, the price will continue it's movement towards 1.2200 Resistance area.
On a Daily Chart
two bullish days with a test of resistance can be signaling another retest and a drop - where confirmation is needed, but without confirmation it's a buy signal with a short stop below 1.1050 support area, and a 1st target at 1.1500 Resistance area.
video link: www.youtube.com/watch?v=o215zDUj...
in case of breaking through 1.1400 resistance area, the price will continue it's movement towards 1.2200 Resistance area.
On a Daily Chart
two bullish days with a test of resistance can be signaling another retest and a drop - where confirmation is needed, but without confirmation it's a buy signal with a short stop below 1.1050 support area, and a 1st target at 1.1500 Resistance area.
video link: www.youtube.com/watch?v=o215zDUj...