H4 chart shows bullish channel in which price moves since stop of serious decreases. In my opinion it is not important and we should focus on the fact that there are two higher lows and highs, what can point gains coming back. Of course breaking above channel can be a confirmation of bulls strength and we should look opportunities to open long position.
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Daily chart also looks nice, we can see wider bullish trend with some strong corrections. Lows and highs setup suggest that we have upward trend. Last decreases stopped at key support level in 0.9825-50 area. Later we could see something like double bottom pattern. It is active already so this points that the correction is over and pair came back to main trend.