But this depends on the key price level of 1.13 which has previously been a key level.
Scenario 1: on shorter time frames (15m, 1hr) momentum to break through 1.13 . If this can be seen along with other confluences ( DXY , W's) then a long trade will be taken.
Scenario 2: 1.13 price gets rejected and reattempt to break this level to push to the upside. Again around the 1.13 level will be monitored before taking a long trade.
Scenario 3: 1.13 price gets rejected and falls back down towards the lower trendline and price region of 1.12, around this region confirmations for a reversal will be monitored before taking a long trade.