I added some key trendlines I believe have to be considered while trading the pair. I cannot state for certain where will the price move, but if it crosses the orange dashed line on the way up and then makes a U-turn, it might be a strong signal to sell.
Excellent. My own calculation puts it at about 1.1374 for today. Looks like right on the yellow dashed line. It would not surprise me to see a stop run up to that area before coming down.
RCtrader2
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@maxw3st, It might, however, cross it next Monday or Tuesday, which will signal a bull run.