The above WKLY chart shows the recent resistance hold ~.7755 and is currently retracing. Momentum is still to the upside and substantial strong support starting ~.7495. With that being said, there still could be plenty of retracing to do.
The shows the retracement. It is currently at a weak . First strong is .7495-.7483. We could see a bounce and a good long opportunity (short time frame).
4H chart above shows the recent completion. (TP2 was just missed). I did not enter a trade because I didn't like the risk/reward ratio.
4H also shows a potential formation. The PRZ also sits at a much stronger and it has a more favorable risk/reward should the formation occur.
Unless the weak continues to hold, I'm waiting for further retracement & PA at strong support before completely committing to a long position.