Possible Scenarios:
1) Possible long if 0.72360 zone is broken and candlestick on higher time frame closes above this (2-4hr).
2) First rejection on lower timeframes is present in the zone with a 40pip drop earlier last week. Another rejection off this zone would indicate a further drop to the lower zones.
1) Possible long if 0.72360 zone is broken and candlestick on higher time frame closes above this (2-4hr).
2) First rejection on lower timeframes is present in the zone with a 40pip drop earlier last week. Another rejection off this zone would indicate a further drop to the lower zones.