0.72 could be likely achieved only if support is formed at 0.70. For the moment, weak long positions above 0.7127 could remain at risk for a correction to 0.70.
Technically, support should have been established at 0.69 but the lack of this could mean a possible slide to 0.69.
Personally, I wouldn't be looking to go long at 0.70, especially with a risk of a dip to 0.69 looming.. unless the technical narrative changes. FOMC is up next Wednesday, 15th June.
Trading idea: lower time frame chart could signal a counter trend short opportunities.