Long set up
Bullish above 1.0925 with profit target at 1.11
There is a possible pullback to broken trendline around 1.087 - 1.083 before moving higher
Alternatively bearish below 1.075
1.05 - key resistance level
Bullish outcome:
1. Daily close above level 1.05 - targeting levels 1.056, 1.063 and 1.078 above it.
2. Close above 1.05 - go to 1.056, then bounce back off 1.05 and up again to 1.063 and possible above it.
3. Bounce of around 1.045 and then close above 1.05
Alternatively bearish daily candle closing below 1.045 and open the way to ...
