this is related to the daily micro divergent daily the pair in the daily is in an up trend and i think we may continue to trend up, the retracement seem to be loosing some steam so you can play this 2 ways
1. agresive? buy now with stop los a bit below the red line ( the low of the divergent bar, 2 conservative wait for a break of the green line wich would trigger also the microdivergence play on the daily
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i waited to break the green ñine , but is looking good once in target zone look for weakness to get out
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inside a possible sell zone in this TF if you are playing the daily then optimize position and keep going