Looking for a break of the 20 & 50 EMA following the break of the ascending trend line on the 4 hour charts. 0.74430 resistance coincides with .382 fib on the daily charts . Several days of strong rejection from this level.
Looks like this trade has panned out so far. PA is slowing towards the .733 support level. Move stop to BE. If price hits the break even look to go short again at resistance at .744 as this channel may hold for a while. Look to trade the range.