I think it may shoot upto 160 level as there is no significant resistance before that - may be some obstacles around 155 - 156 zone but not important.
If you are already long in this pair, be cautious when price reaches around 156 area - you might want to take profit as I'm expecting a pullback from that region before it makes another leg high to reach 160.
Even if this has gone down significantly , I guess it may not go down further. My SL is 150. If it goes below that I'm ready to take a loss. But I guess it may turn now but it will not be a straight up - zigzag.
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