Could possibly ride this pair, if 1.138 level of res is broken and price rallies breaking the weekly DT Line i would for sure set up for a long with this pair and ride it all the way to my Target 1 area of 1.17000, and then after reaching those highs id expect the pair to reach 1.19000 area making that my target 2.
Similar to my EUR/USD trade i can see this pair setting up for a nice long position before it falls and continues its major DT. In order for me to go long on this pair id want price to jump past the weekly DT line where id then expect price to rally up to the 0.73800 level.
going long with this pair with a TP at the fib level of .382 (to be on the safe side) from there id look for a good indication showing more potential for higher highs but my confluence is telling me this pair will create lower lows once the .382 fib level is reached making my swing target around the 1.272 fib extension.