The trading idea is based on a bullish divergence
which gives a trend reversal signal. MACD
supports the upward movement. DMI is bearish
line falls. It gives a signal that the bears are not so strong. Weekly chart is at possible bottom. We have a buy opportunity. Entry level can be above the local swing high at 107.20 level. Stop orders must be placed at 104.50 level. The 1st profit target is 109.00 level. If the price breaks SMA100, the 2nd profit target should be at 111.00 level.