The pair is in a correction. A growth is still possible.
Assumingly, a formation of an upward impetus as the third wave iii of 1 within an expected wedge has finished. Locally, a correction as the fourth wave is forming. The fourth wave is expected to take the shape of a triangle. If the assumption is correct, when the correction finishes, the pair will continue growing towards 0.7470-0.7500. A critical for this scenario is the level of 0.6933.
Wait for the correction to finish and buy the pair above the level of 0.7300 with the target at 0.7470-0.7500.
The breakdown and consolidation below the level of 0.7200 would allow the pair to decline further to 0.7160-0.7107 within a correction, but already as flat (a)(b)(c).