As we see, Yesterday we had a long full body bullish candlestick in our favour.
Thus we have our suggested long position of the support level 1.0550 - 1.04888 in profit now.
Some profit can be taken now.
Next resistance level to be watched is 1.0717 which is the retest of the broken bullish channel and previous daily high.
Price action towards this level determines if we hold the long position or we quit.
SL should be advanced to be below 1.0530 and some profit can be taken now.
