Price is retesting both an important S/D area, and also the EMA. See linked idea.
- Price has broken above the S/R area around 1.24. - MA crossover for some time now. - Wait for price to retest the S/R area, closer to EMA.
- Downtrend has paused. - Price has gone below the support area around 0.8850, and has acted as resistance so far. - MAs are still valid, and price has recently touched the EMA. - Sell the pullback and the retest of S/R area.
- After long consolidation in tight range with support area around 1.0700, price finally broke below, with strong momentum. - MA crossunder. - Wait for a retest around 1.0680.