On weekly chart we can see that price pulled back from resistance zone around 1.75 after strong rise. Price failled falling bellow 23% fibo level around 1.675 and is rising again.

On daily chart we can see that Price is slowly advancing. ADX is bellow 25 and is falling. MACD is in convergence with the price.

CONCLUSION: adx shows that trend is week. So i do not think price will adnvance a lot. We can see it around 1.70 till July
Translate to English Show original