What I can see here is good opportunity for selling this pair since the price is went down and get back in correction phase, and once the momentum is stop going up and start to fad it will continue going down as the following:
Selling at = 1.6118
stop loss = 1.61693
taking profit at = 1.59386
Selling at = 1.6118
stop loss = 1.61693
taking profit at = 1.59386