The pairty is still moving into its bullish channel and as far as it is the case, we will advise to trade only long positions. The break out of 0.7420 who acted as resistance, will give a new buy signal. However, if an exit of the channel occur, a sell signal will be given. But, we woulc advise to wait a break out of the last lowest at 0.7365 before taking short positions.