Looking now for confirmations for a valid long entry. 3 confluences of support at circled area, overextended market, 786 fib level and S1 monthly fib pivot. The 200 EMA is there acting as dynamic support, as well. Seems like a good level to go long from. Aggressive entry is now, at market. A safer entry is to wait for price to break resistance at 1.07357
:warning: This could very well be the time price breaks the channel support. So be careful here.