After taking a lovely buy run from 1.1300 region right up to 1.1470 I am now awaiting for further price movement to either buy or sell, the price is heading for resistance (yellow ellipse) and I am keen to see if the price will break and close above this level or not. Since August lower highs and higher lows have been formed indicating a down trend. However, from November I have noticed an uptrend. Thus why I'm waiting for conformation of either a break or bounce back on this resistance line.
With up and coming EU and US news this may be the catalyst needed to get the price moving in whatever direction.