Last time we hit 0.960 was in March of 2014. The downside move had massive follow-through. However this time around we hit 0.960 and had little follow-through respecting the ascending as support once again and price looks as if it wants to test 0.960 once more. A strong psychological level of 0.960 acting as resistance paired with the Dec. 2014 is forming somewhat of a steep 'squeezing' price. This pattern usually results in a break to the upside.
On the other hand, we can look for shorts if this pair rejects 0.960, breaks the 2014 ascending support and retests the underside as resistance with a high-test candle(s) showing a rejection of higher prices. Even in this scenario I wouldn't take a short due to my personal bias remaining due to the overall long term .
Upon scenario 2 unfolding we could still be in an even bigger pattern from the 2011 support (the red lines)
Good luck, traders!