First, before the start of US session, market has found value around 11920. Just now market found a new fair value on around 11935; it's going up.
Second, price just broke last higher low at 11945. If the next bear reaction doesn't break 11930, we have confirmation of bullish trend.
Second, price just broke last higher low at 11945. If the next bear reaction doesn't break 11930, we have confirmation of bullish trend.