On weekly time frame, MA crossed to the upside. We can see series of higher high and higher low. We could potentially form a new higher low right now.
On daily time frame, a rejection at 0.7750 and a bounce from 50MA is a good trend reversal signal for me to go long on this pair. However, I only prefer to do some short-term trade on at this moment. My first target could be 0.79250. I will then waiting for the price action and see if could go any higher.