As the trend remains intact for my topside target of 0.0287 my current strategy is to wait and see if price retests prior resistance which should now be support or if buyers step in and continue pushing higher over the coming days. The daily and 4hr look indecisive and look to be pausing for the moment.
There are 3 reason for having a target of 0.0287 in mind.
1: It's the 61.8% retracement from the top leg set on March 13th.
2: It's the 161.8% extension from April 26th low to May 2nd high.
3: It equates to a perfect measured move target as can be seen in the chart below.