IQBUSD bounced off the support area on June 22 and got back above the monthly 50 EMA on June 25. The pair made a sizeable upside move on June 30 and have been trading sideways since then. The pair is currently breaking out of both the down trendline resistance and current resistance areas. If it has managed to stay above both of the resistance zones, it may move to the mid resistance area at 0.0155
