DislikedOnly realistic downtrend has an outer limit of 1.5800. If it peaks above that today, then my earlier assertion that it will get above 1.5860 and then up to 1.6000 holds. If not, then heading back down tomorrow and into next week.Ignored
The next upper-bound downtrend that I have suggests Resistance at 1.5895, which is the lower limit of my next strong S/R line of 1.5905 (+/- 10 pips). If it gets through that, then the next downtrend that I have is miles away and so would keep going up.
However, the 1.5860 mark is at one of the clear upper lines of a strong uptrend and these can often be very difficult to get through.
Unfortunately, however, I am gone for the afternoon and so must leave, as I hate having an open trade over the weekend.
I wish you all the very best of luck.