The currency pair increased in the last hours and erased the morning losses. Price is still in the green and could climb much higher as long as stay above the 0.7835 horizontal support (resistance turned into support). The next upside target will be at the upper median line (uml) of the minor descending pitchfork. It could be attracted by the confluence area formed between the 23.6% retracement level with the upper median line (uml) of the minor descending pitchfork.
