An upward trend is strong.
Assumingly, a formation of the third wave of the senior level continues, within which an entry wedge (i) of iii of 3 is formed and the local correction (ii) of iii is finished. If the assumption is correct, expect the growth continued towards 0.9840. The critical for this scenario is the level of 0.9396.
Trading tips
Open long positions above 0.9396 with the target at 0.9840.
Alternative scenario
The breakdown and consolidation below 0.9396 would allow the pair to fall towards 0.9100, 0.9000.