The longer term weekly chart looks good for an upward triangular formation with progressive higher lows the last 4 weeks heading to the top line resistance around 6.15
The daily chart similar although w todays action, we wldnt want anything lower than todays low or thereabouts, and so to continue the upward trend formation of the triangle
The preferable case judging by the weekly is that the daily follows suit and progressively works its way back up to 6.10-15 again.
The alternative case is it goes back to 5.60
The daily MACD just crossed the zero line yday....but not convincingly....today was a letdown but lets hope the higher lows will continue from this pt forth....the charts definitely look semi bullish with the upward triangular movements .....and a break of 6.15 will be awesome for price action.....its all upto the damn bots tho ;)
chart look interesting
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