The 1.054 price has been respected since January, if this price breaks before a retracement expect upside of 1.07. The price is currently in a rectangle consolidation phase, and has been since mid June. Until this breaks, look for scalps.
main sma now is h10 ,k line crosing sma10. sma 101 crosing up 118,and sma9 up croing sma10,might be a minor bounce back Failed. sl for 20pips