A growth is expected.
Assumingly, a Bearish correction as the fourth wave within anticipated wedge in wave 1 has finished. Locally, a starting impulse seems to be forming and if the assumption is correct, the pair will grow. A critical for this scenario is the level of 0.7014.
Trading tips
Buy the pair above the level of 0.7014 with targets 0.7400, 0.7450.
Alternative scenario
A breakdown and consolidation above the level of 0.7014 would allow the pair to fall to 0.6900, 0.6800.