Is price will fall down today or on Monday and close bellow 1.31 we could start forming Head and Shoulders pattern. Left shoulder and Head are already formed. There on daily chart we can also notice divergence, HH and HL on price and LH and LL on the oscillator.
Could be that $ is losing steam? We will watch closely what will happen still today and then on Monday 10. of August, which could be very slow, regarding that we had NFP today.