I like to look at longer time frames even though I rarely trade using them. What it does is put the current price moves in perspective and help me determine which side to trade from.
What still amazes me looking at this chart is how Amazing Trader algo levels, which I would not have put on a chart drawn manually, often hold, such as the 1.0945 level in this chart (and I created the program).
Looking at the chart, 1.09 will continue to be a focal point until it is established on either side.
In the meantime, expect some support as long as it can hold above the 1.0877 level broken yesterday but on the other side, upside is limited unless 1.0945 is broken (high today 1.0942).