Its looking like the pair will have a slight upward push but will ultimately fall
Look for push back around the 1.30280 Level as indicated on the chart
The price will likely sink into the red area before continuing the uptrend.
@12:30 Aug 3 bearish news will likely send the US down, as this chart shows an overall uptrend look to buy after the effects of the news wear off.
If the current bar closes above the red line and the next bars respects the support there is a strong buying chance.