This pair was down on Friday even when USD was up most of the day. This is because 3150 zone is a strong which is the area of previously broken daily . I don't want predict anything for long term but for a short term trade, I will be looking to buy this pair around 1.2950 area.
This area is confluence of 4 hour support, previous and 61.8 fib of last low and high. Also, is making a divergence. I will be looking for 100 to 120 pip profit with 55 pip stop loss.
Price failed to break the strong resistance.