as you may know from my previous analysis on this pair, i've been looking at it for several days, as soon as we broke the level represented with a yellow box, that is our previous daily resistance. Once it's been broken, my bias has turned into because i know that a break of structure to the upside can mean a trend continuation opportunity. I went on lower timeframes and here you can see that price has started to settle down at this level and formed a reversal pattern with divergence and an candle on higher timeframe.
Long at market, stops and targets shown.
If you have any idea/comment, please share below.
Otherwise, see you in the next chart!