In my opinion, it is better to wait for a confirmation telling where this supposed pair would be heading to. The may have had been broken, and retested (where it rejected the said broken descending ), but it may have had formed another channel as drawn in my 4-hour chart. If you look at the previous price bar action of this pair, it has been a messy treat.
This week is going to tell whether dollar is going to live or die -- there are 6 important data incoming for the US Dollar , and it may be volatile. A weekly close above the resistance somewhere around 0.7520 may suggest a push higher while a close below the level may suggest a push lower.