Monthly chart: so, Northern pressure is still getting active. 1.4082 pivot is still a considerable resistance point. Probability of touching this area is very high. We see that March pin was not able to stop bulls in April. ADX and Bollinger both witness about continuation of growth. In the middle run, if there is a break above 1.4082, 1.4964 will be the target. Nevertheless, the level of resistance is very high, so, correction is possible in the direction of the middle line (1.3331), but such correction will not make a threat for an uptrend.
Weekly chart: the week's Inside Bar is broken, which also tells for Northern expectations.
Day chart: an abrupt pin from the middle Bollinger band is almost a verdict. Possible buying area is 1.3817.
Conclusion: so, we are waiting that area 1.3817 will be touched and growth to 1.4082 will start.
Monthly chart: March Inside Bar is broken and now resistance 1.7150 impedes bulls. If this area is broken, the road to 1.9283 will open. In case of rollback, it will be possible to catch pair in the area of the middle Bollinger band (1.5985) for making purchases.
Weekly chart: a bullish pressure is notable here. Inside Bar is also broken upwards. Resistance points as well as possible goals of correction are 1.6767 and 1.6560.
Day chart: uptrend and support of 1.6767 are confirmed here.
Conclusion: we are waiting for the pair's growth to 1.7150, after a possible rollback to 1.6767.
Monthly chart: so, a strong rolling swing upwards is completed, its pike is bearish pinbar. It is a very strong Southern determination and, besides, it is correct in technical point of view. Therefore, a major middle-term expectation is start of decline down to 0.84 (the bottom Bollinger band). The point where such expectations may break is the breakthrough above the middle Bollinger band (0.9625).
Weekly chart: here we see development of reversal following to bullish convergence. Key resistance point is 0.9625. Here growth scenario is the main point (marked by blue arrow), but the situation on the monthly chart tells us that start of a new downward wave (red arrow) is equally probable. The middle Bollinger band (0.9059) performs as the key supportive point.
Day chart: a strong pinbar from the supportive bottom Bollinger band (0.9208) is seen here, which is a very good sign for purchases. Another option is the break under the bottom, break of pinbar and decline.
Conclusion: main scenario is growth from 0.9208 to the area 0.9625 Another option is getting under 0.92 and decline to 0.8650.
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