Short this pair at current price of 1.33630 with an immediate target of 1.33000 SL of 1.34250 RR is 1:1.2.
Reason to short: price is retracing back for two days forming the resistant at 1.34250. Price will magnet to its 20 and previous resistant level of 1.32900. However, it's a good idea to exit a bit early if you are trading in one lot. If you have multiple lot exit your half position at target 1 and trail rest with break even SL.
Happy trading keep trailing.