Use the area Below 1.2750 For Stop Losses,
1st Mid term Target is at 1.2950,
PNF is giving a 1.3425 Area as a target, which can be met within a few weeks in case of a USD strength continues.
I suggest to use a “timing” stop (Close if the price will not go in your direction within 3 bars (as an example), all depends on your trading strategy), Sometimes I prefer not to wait till my SL is hit.
P.S. Using a small stop losses in my strategy makes them triggered quite often, however, it saves my account from wide drawdowns, and keeps my RRR positive.