Hi Traders!
The market is in an uptrend.
As you can see it started in the beginning of February and moved around 216 pips until now.
Now it is in a channel and in a retracement move simultaneously.
If we use the Fibonacci Retracement tool we detect that the market reached the 38.2% of Fibonacci.
In addition this area is a support too.
The target is at the top of the movement at around 0.98500.
We recommend to buy the breakout of the channel!
Thanks and good luck :)!