However yesterday’s decisive bull candle has now cleared the resistance with a near six month high and is the next step forward in recovery. There has been a strong uptrend of the past two months with a succession of higher lows, the latest at 138.25 last week, but the market is now using the 139.75 breakout as the basis of support. The uptrend comes in at 138.75 today.
Regards
I.A