what segment of bullish in forex?

The apprehensions that the retracement range may widen by means of uplift of the resistance till 1.5700/20 were grounded. The price broke through the resistance at 1.5640/50 and set a new local maximum at 1.5745/30. The “bullish” mood at the indicators speaks well for the high probability of the growth continuation, probably till 1.5800. That exactly seemed to be less probable in the recent past. Nevertheless, all observed efforts of the “bulls” to intercept the power at the market should be considered as the retracement’s lasting within the frames of the descendant trend. The breakage through 1.5800/10 i.e., the trend line of the descendant channel (the green lines) cause some doubts to the relevance of above mentioned presuppositions and afford grounds for the suggestions of the trend’s alternation. Nevertheless, the final decline of the “bearish” prolongations will become the trading increase higher than 1.5860/70. Until this event takes its place the previous predictions are still in force i.e., the descendant trend is predominant, after 1.5500 the supports reside at 1.5430/50 and further at 1.5360/50 as well.