Analysis #PENDLE 📈
On a weekly timeframe, the currency has been trading within a falling wedge pattern for weeks.
The currency has bounced off the main horizontal support area.
The currency is now testing the resistance trend line of the pattern.
Breaking this resistance with a large trading value would confirm the upward trend.
🟢 Expected targets in case of a breakout
🎯 $9.5
🎯 $13.9