2017-05-14 D1 chart - Consolidation with a Bullish Wedge formation. Resistance at 1.03307 has been tested 3 times and the lows of the wedge are getting higher. Current price action has turned from a pull back. RSI confirms bulls are back in control although this didn't go over sold.
The probability is that this will re-test resistance at 1.03307 with a possible breakout or a pull back. This offers an opportunity for a 200 pip buy on the day chart.