Buyers may be looking to drive price to the upper trend line which also coincides with the fib retracement area before collecting profits. You could buy and ride price towards that area in the short term but I wouldn't take that trade personally due to uneven risk-reward. Probability of contrary price action to occur is high. I'll wait to see what happens as price reaches that area. Indication for sell signal for the pair is also quite high with correlation of EURUSD gaining more buying momentum following it's recent recovery from the drop.