It is very important to read his comments to his trade carefully. I have been trading this pair very successfully just based upon his analysis to be my main compass.
I want to see a clear break of current price level and a strong close under it. My stop is now placed above the high which migth seem a bit to much but needed until and if we get a strong close under current level. I will keep a close watch on GBPUSd and NZDUSD respectively to see how strong or weak they play against the dollar this week.
If this trade goes my way I will take profit and re-enter the trade on every push to the upside as long as I see lower highs and lower lows.
Your target is still valid. the price seems to bounce around the boundaries of a 2 year long ascending broadening wedge. your target is around the middle of the wedge so it is possible to hit it. Anyway as i said in my previous comment i will be aiming higher in the 2.07 area. Best of luck.