Price has reached the lower resistance of the Channel that the currency pair had been trading inside since roughly March 2020. At this point there are 2 scenarios possible . Scenario 1 ( marked with yellow) : price crosses the Resistance Zone 77.914 , comes back and tests it before going all the way up till 79.386! Scenario 2 ( Marked with red) : Price retests the lower Resistance zone of 76.886 and then finally goes up the final Target 79.386 !