The purple box - shows the consolidation that price has been making for the past 15-16 hours.
Then price broke the resistance level.
Then waited for a retest and the SHOT was taken for a BUY.
Expecting price to reach it topmost target which is at 1.05870
Or might just take some profit at the next clear resistance which is at 1.05670.
Hoping the analysis works out smoothly as analysed. 👌🏿🙏🏿