For the Daily chart , we can notice that the pair has broken its bullish channel from a period and started to fall down on a bearish channel , the pair has just made a retest on the lower line of this bearish channel and reversed its direction by moving up , for me i expect this pair to continue moving up till it reach the resistance level @ 125.03(50.0%) then @ 126.96 (61.8%) or below it a little , then the pair will move down again on the channel indicated , i support now to buy on the short term and sell later , Good Luck