Summery:
Primary Trend: Bullish (see down peak red dot)
Secondary Trend: Bullish (see last zigzag)
Resistance: 1,60300 (FIBO 38.2)
Support: 1,57900(FIBO 23.6)
Comment: All trends are bullish and on this last bar we see that prices are out from the oversold zone.
Suggestion: Definitly I suggest to enter now long and keep the position for a long time till the formation of a new high red dot.
Good Luck!
