INDICATOR: ICHIMOKU
CHARTS: DAILY AND WEEKLY
I expect the bullish price action to continue this Q2 up till the 100% extension of the move marked out, that is 1.1135 - 1.1150 handle. With the price above the tenkan sen on the weekly and daily price charts, bears stand a little chance in the grand scheme of things. Moreover, weekly compression signals a temporary correction to the upside.
WEEKLY CHART:
DAILY CHART: