DAILY CHART - 1.31594 level has been tested as S/R multiple of times (looking left) - price is an overall uptrend - current price action is a short pullback to a key level
4 HOUR CHART - price in uptrend (confluence with daily chart) - previous candle was a nice rejection candle - 78.6 fib level supports the 1.31594 level matching perfectly
TARGET - looking for a retest or a break of the daily level (red line) 1.32530