I think there are still too many bulls who are willing to buy. I expect to see this pair go higher over the next week or two.
...from my personal point of view, I do not see it as "quite safe if you want to short here..."
My former plan to catch the next leg south was canceled out...where the bulls convinced me they were back on top and it would have made sense to enter another long position.
I'm not going to add anything new here. I just wanted to revisit some of my past comments (those that seemed to have been the most on target) in light of the initiation of a new push north about six hours ago. (Obviously, "the foreseeable future" turned out to be much shorter than a couple of weeks for me.)...for me, the time to go long was from around 1.0570...