We have seen price break back above a daily level, we have now tested it as support and given us a signal to enter long to the next level. Break above MA on h4 and MA have just crossed on H1. We can see price formed an engulfing/3pin formation on daily support
I’m in two minds above what could happen next. If we break 1.70 i do expect new highs to be made, but if we sustain below we could be sing price print an LH telling us we could see another leg down. Will act accordingly.