The pair is now testing the support level 1.0550 - 1.04888.
This area is the level of previous multiple tops marked on the chart.
Based on the yesterday's analysis there was a bullish opportunity around 1.0550 - 1.04888.
We had a bullish engulfing 4H candlestick today confirming the importance of the level & strength of bulls there.
SL should be advanced to be below 1.0400.