The price has been looking very bullish over the last couple of days as the resistance level of the triangle is starting to be seriously tested, a triangle like this usually breaks out the bottom but a break out the top is looking very likely. If the price is able to break this resistance level we could see highs of around 150.03. The price may break the triangle and move up to 147.96 before coming back to retest the broken resistance and if the resistance successfully acts as a support level we could see the price move up to 150.03. If the price is unable to break this triangle then the price could move down to the support of this triangle meaning we could see bearish moves down to 143.80. I will keep everyone updated on this pair over the coming days.
