Pair is in correction.
Presumably, a Bearish correction within wave 2 continues forming, within which the first wave a of 2 shaped as a zigzag (a)(b)(c) is finishing. If the assumption is correct, the pair will grow to the level of 0.7300 in the near future. The critical for this scenario is the level of 0.6905, a breakdown of which would lead to a continuation of the long-term Bearish trend.
Trading tips
Buy the pair above the level of 0.7130 with the target at 0.7330.
Alternative scenario
The breakdown and consolidation below the level of 0.6905 would allow the pair to fall to 0.6800, 0.6700.