Price holds above roughly 2.058 and forms a higher low vs. 2.052.We then see a break back above 2.064–2.065, followed by an attack on 2.067–2.070.A clean 1‑minute close above ~2.070 would confirm momentum and opens the door to further upside
Bearish retrace scenario
Price loses 2.058–2.060 with a strong red candle and then retests that zone from below as resistance. Next target becomes the 2.052 low. A breakdown and close below 2.052 would turn this from a simple pullback into a renewed downtrend on this timeframe.
