On the longer time frames the sentiment appears , with the monthly and weekly charts strongly indicating this.
On this much shorter time frame we have a number of potential opportunities on the near term horizon.
1. A corrective breakout of the move to the downside
2. A possible buy opportunity on the bounce, long for a pullback to the daily resistance around the 1.07000 level.
3. A sell opportunity at the 1.07000 level
4. A breakout above the daily resistance (Wait for a strong confirmation)
5. Price may break down through the 1.0615 and the move continue in which case I will look to enter short