You can view the daily chart here, https://www.tradingview.com/x/ud6ArubT/, and see that the pair has broken and closed above the 55-day MA which is a bullish sign but it’s stalling near a major 38.2% Fibo retracement level at 1.3145.
The 4-hr chart is in a strong uptrend but is heavily overbought and this may give bears a day-trading opportunity?
Overall, buying dips still favoured but watch for topping signs at 1.3150 for an intraday short trade with up to 200 pips potentially available.