Price is trading in the green and looks determined to take out the dynamic resistance from the median line (ml). Technically should increase further after the failure to close on the WL2. A valid breakout will send the rate towards the 0.9787 static resistance and towards the 250% and the upper median line (uml).
We have an important confluence area formed at the intersection between the 250% line and the upper median line (uml), which could attract the price.
