The currency pair is trading at 104.43 above the Ichimoku Cloud, suggesting an uptrend. A test of the signal lines of the indicator at 104.30 is expected, followed by growth to 105.15. An additional signal supporting the growth can be a bounce off the support level.
The scenario can be canceled by a breakaway of the lower border of the Cloud and securing under 103.90, which will entail further falling to 102.95.
Orgin: RoboForex
