Price has been bouncing off the support rend line. Due to the recent rejection of the support , I believe the price could break through the (0.69656) and reach 0.70388. Before taking a long position, I will ait for clear confirmation of a breakthrough of the .
However, the recent high wicks in the 4H candles provide caution that there is not much strength here. Therefore it is possible that the price may break below the support line.
Confirmation of the breakthrough BEFORE taking a long position is crucial here.