Trenddline can act as resistant or if it breaks there's a reversal zone where we expect a drop with confirmations, that reversal zone is also a 23.6 retracement zone.
nice pips to catch
There is a nice breakout from downward monthly trendline as well as breakthrough daily resistance. Would possibly reach our monthly resistance near 114.000. stop losss of 50 pips and take profit would be around 200 to 250 pips.
