Studying the chart, the candle has been rejected for the second time at a VERIFIED SUPPORT level found @1.17990.
Moreover, the price as broken across the suppose resistance stoppage line @1.18248 making a progress to the second supposed resistance stoppage line @ 1.18444 ( Check chart for better understanding).
POSSIBLE MARKET MOVES
First, the market is going to make a progress to the nearest resistance point and tentatively reverse. If not the its touching the UNTESTED region found on chart.
NOTE: Observe every risk management measures !