Based on the 1M/1W charts, and looking the ascending wage formation, the tade has since broken downward and will continue moving down until the 90% rule has been fulllfiled. 1.31932 will a good entry and hold the trade downwards, with proper money management.
Order cancelled:
The market proved my analysis wrong. Fortunately, i did not stay "married" analysis and followed the market, making a good return from the pair