Back in August I posted a Descending Broadening Wedge setup where we were at a potential bottom and today it would seem that we have successfully broken out of said wedge and back tested as support and are looking to finish the measure move that will take us to a minimum target of 1.77.
If you look on a timeframe like the weekly we have potential to go all the way up to 2.5 if we break above 1.77 but i wont go into charting that yet until we begin to.
To see the original idea check the related ideas tab below.
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