From 0.530 low on 20 September 2021 to 0.795 high on 26 October 2021, the price had a deep retracement at 0.570 is around fibo786 level and rebounded thereafter. On 17 December 2021, the price crossed EMA200 and on 20 December 2021, it tried but yet to succeed to cross pivot point 0.630 (which is also fibo618) after hitting a 0.640 yearly resistance. To enter trade, the probable EP would be 0.610 to retest a 4h pivot point. The probable TPs would be at 0.725, which is fibo extension 618 or 0.770, which is fibo extension 786. The probable CL will be at 0.565, that is, below the 0.570 retracement level. This is not an investment call but for study and sharing purposes only.