Monthly: Uptrend as price action prints H.H and H.L currently a bullish engulfing candle is being formed suggesting strong monthly bullish closure to the 0.8000 res level.
Weekly: Price rejected the breakout to the downside multiple times within the strong uptrend channel.
Daily: Morning star formation from the support zone from the range.
However there is a 3rd bounce formation that shows a break or bounce from current price.
4H: Breakout retest continuation would allow long positions to be valid.
Or
The breakout and retest of the thick black counter trend line would allow to take shorts to previous sup level.
Weekly: Price rejected the breakout to the downside multiple times within the strong uptrend channel.
Daily: Morning star formation from the support zone from the range.
However there is a 3rd bounce formation that shows a break or bounce from current price.
4H: Breakout retest continuation would allow long positions to be valid.
Or
The breakout and retest of the thick black counter trend line would allow to take shorts to previous sup level.