Due to the falling wedge pattern the price has appreciated, now it is time of correction before moving further upwards. We go Short on this pair at the current level and book our profits at 1.3950 level.
Using The 20/80 strategy on the fibonacci retracement we find that it has to at least return to 50 that would be the take profit 1
This is only a trading capability - no recommendation !!! Next week i`ll confirm or change my opinion about this SetUp :) Buying/Selling or even only watching is always your own responsibility ... Best regards Aaron