The last time we were looking at this currecy pair, we idnetified a triangle foramtion on the daily timeframe, and were expecting a brekout and a bullish move after the breakout. The breakout did happen, and it was a bullish one. We are still waiting for a bigger bullish move to form on the daily timeframe, to conclude our analysis.
On the 4H chart however, the anticipated move did already happen. We are now in a triangle breakout, and the price has made a smaller retracement after the bullish move that made the breakout. The price is now touching the upper triangle line, that now acts as a support line. We expect a bounce of that line and a bullish move.