The downtrend form within 2012 has been broken and along with recent price movement near the downtrend line suggest a cup and handle chart pattern.
1.28 is the next breakout level and if the downtrend line remains as support, the likely resistance zone will be 1.34 range.
1.28 is the next breakout level and if the downtrend line remains as support, the likely resistance zone will be 1.34 range.