Speculations from last year December went in favour if shorting this pair. As a swing trader, I support this. Though this pair doesn't boast "strong sell" as early Jan, you can still hit the 1st TP.
As you can see, it is almost done with the first mark of a corrective wave. Swingers will want to hold this for about 6 hours if you're not too confident about the correction wave's duration. I for one, am entering this trade as a scalper.
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Over +100 pips in the favour of my analysis. Conservative trader may want to secure in some profits. I for one, am still holding this pair.