The chart has been on a steady uptrend for the past few weeks, and it is currently consolidating above the 0.60 EUR level. This suggests that a breakout to the upside is soon to happen.
1.5 win ratio
The 50-day moving average is crossing above the 200-day moving average, which is a bullish signal known as a "golden cross."
The Relative Strength Index (RSI) is above 50, which indicates that the bulls are in control.
The MACD indicator is above the signal line and the histogram is positive, which is also a bullish signal.
A breakout above the 0.65 EUR level would be a strong bullish signal and could lead to a further rise towards the 0.70 EUR level