Support 7.2800 is confirmed multiple times and holding solid to go Bullish.
0- Monthly overall is Bullish
1- EMA, 20, 50, 200 on Weekly are Bullish
2- There is no specific Chart Pattern on Weekly
3- Stochastic on Weekly shows "K" line cut "D" line and it's Bearish. However, this is not a strong formation.
4- EMA, 50, 200 on Daily are Bullish
5- Stochastic on Daily shows "K" line cut "D" line and moving Bearish
6- No Harmonic formation on daily chart
7- Entry Candle Formation is Morning Star Reversal which is a strong Bullish formation
8- Economically this pair is Bullish as China is declining and U.S is showing resiliency.
0- Monthly overall is Bullish
1- EMA, 20, 50, 200 on Weekly are Bullish
2- There is no specific Chart Pattern on Weekly
3- Stochastic on Weekly shows "K" line cut "D" line and it's Bearish. However, this is not a strong formation.
4- EMA, 50, 200 on Daily are Bullish
5- Stochastic on Daily shows "K" line cut "D" line and moving Bearish
6- No Harmonic formation on daily chart
7- Entry Candle Formation is Morning Star Reversal which is a strong Bullish formation
8- Economically this pair is Bullish as China is declining and U.S is showing resiliency.