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The overall trend is upward. Stochastic Oscillator indicates oversoldness. A breakout of 1.7432 will result in the formation of an ascending wave pattern within the wave (C H4) of the ascending pattern.
: monitor the price movement in real time.

Trading recommendations:

Buy above 1.7432.

Stop …

The pair is trading above 1.1415 following the agreement of the EU leaders on the economic recovery fund. The deal, as well as the optimism over an early release of COVID-19 vaccine, will support the pair in the near future.

Technical side:

The price is above the middle Bollinger …