Today during the Australian session there were a number of indicators for Australia released, which were generally higher than projected.

At the moment the pair is trading in the corridor between Fibo levels held on the daily chart. We observe that the price breaks through the "body" of the candle into our levels and often returns to the previous range.

If we view our graph from the point of view of wave analysis, then we can observe the completion of the medium-term downward movement and the formation of the second upward wave.

This is why today's trading recommendation is to look for points to enter long positions in the area of ​​the mark of 0.7810 with the expectation of the formation of an upward wave.