Price has strongly broken above 1.71500 and has currently held very well. We can also see a bullish continuation pattern off the price level of 1.71500.
I will be look for a target of 1.75000 for the up coming week , if we manage to sustain above 1.72000.
We have also had a fairly good bullish close to the day on 20/01/2017 which adds to the long bias. Trying to keep it simple not complicated.