EMA50 on H4 TF acts as a support, suggesting price is still very much in a bullish sentiment.
Higher low is established

Fibonacci's retracement suggests after retesting at 61.8%, a long position can be executed for a risk to reward ratio of 1:1.5

BUY TARGET: 1.35396
Beyond Technical AnalysisTechnical IndicatorsTrend Analysis

Disclaimer