If I am a bull; Look for buying opportunities at the 1.3 support zone or the low of the bull channel with targets being the top of the bull channel or the 161.8% extension, 78.6% retracement confluence. Remember the bear channel high (4H chart) which will act as falling resistance. . . If I am a bear; Wait for strong break and weak retest of the 1.3 zone and also a break of the bull channel lows before looking for short opportunities.