On the weekly timeframe we have rejected the lower level of support and are back to a level of resistance that we previously rejected. With the amount of buying pressure coming in we could see a break of resistance here.
On the daily timeframe we have two potential opportunities as I line up my trades. Just below the 0.70500 level there is a resistance level that was previously respected well. If price rejects this level even slightly then we will line up short oppporunties. If we see a break through this resistance to the upside then we will wait for the first HL before executing longs.