The price seems to have reached a resistance level and has many times been defeated by it, the price has fallen many times after testing this resistance level. The price has been in a ascending triangle over the last few weeks and looks like it is going to be testing the resistance level once again, an ascending triangle is very likely to break out the top through the resistance level. I would keep an eye on this pair for any signals that the price may be getting ready to breakout. I would keep everyone updated on this pair over the coming days. Sorry for the lack of posts lately, I have been very busy with work and other commitments.
