Analysis as indicated. Looking for a retest of the broken resistance to take longs up to the next H4 resistance to the upside.
A good 90+ pips here if you get a good entry with a bit of patience. I will be looking at entries in the green box indicated as this is the last H1 resistance area, giving us a more favourable risk:reward ratio.
Long term downtrend on the daily with clear lower lows and lower highs has just had the last lower high broken as you will be able to see from your daily charts.
Many long opportunities caught last week but a great chance for some continuation here!