On the four-hour chart, the development of the upward correction continues as a wave (2) of the higher level. Locally, apparently, the wave A of (2) is forming, within which the third wave of the lower level iii of A is developing. If the assumption is true, then the pair growth will continue to the levels of 0.9770-0.9877. The level of 0.9585 is critical for this scenario.
Main scenario
Buy during corrections, above the level of 0.9585 with the target in the range of 0.9770-0.9877.
Alternative scenario
Breakdown of the level of 0.9585 will allow the pair to continue the decline to the level of 0.9413.