The stop needs to be rather loose due to further resistance not too far away above. The last thing you want is to simply have a long upper wick from a love tap to that upper resistance around 0.81 just to have it fall to your target.
to the upside was rather climatic today and cannot be sustained. There was a lot of excess today at the high's. There's a good chance this means the trade may not get hit at all and the retracement will be immediate.