Daily: Ranging since April Current impulse is bullish Price re-tested 1.75 but couldn't failed Large Daily engulfing candle (but previous candle was large bodied i.e. not a doji or hammer...
4H: Bullish biased and respecting rising trendline
1H Minor structure at 1.731 but may be weak.
Plan: Watch price reaction to 1.731 - clear rejection may initiate a long to 1.75. However a clear break and 4H close below the trendline could trigger a strong bearish reaction