Through my analysis I've noticed that the pair could be in the phase of beginning a new long term upwards movement. The 3 EMAs on the chart will be of great confluence as the would signal a bullish move and a breakout at the above resistance will signal more bullish strength and the ghost feed is the projected move as when price breaks out of the resistance we could expect to see a retest of the previous resistance the the price to rally up to the daily resistance line.