Take a look on chart 4 months ago price bounced down from key level 1.3124, 3 weeks ago price broke up that level. That means Resistance become a Support. It calls mirror level. It is key and most powerful kind of levels on FX market.
That's why I think the price will continue to move Up. The best option is to open deal near key buy level.
I will open buy if the price will make a fake broke of 1.3124 and H1-H4 close upper it.
S/L: 40 – 50 pips under entry point.