$PHB

My current expectation is bullish; I expect the price to first test the 0.777 level and then make a move towards 0.876. If there is a daily close above 0.777, we could see a new rally up to 1.249.

- However, if the price experiences a strong rejection from 0.777, a correction down to 0.606 and 0.503 would be normal. Especially the FVG area between 0.464-0.452 could present a nice long opportunity.

- Be sure to wait for a reversal confirmation before entering a trade: do not jump into a trade without seeing a structure like bullish engulfing, pin bar, or liquidity sweep in a lower time frame.

- If the price closes below 0.503, my bullish scenario becomes invalid, and new support areas between 0.464-0.390 may be tested.