Using only Support + resistance, with trend lines.
Support + resistance colour : Blue
Trend lines colour : Yellow
Predictions for price action -----------------------------------------------------------------
If you are to follow the red arrows i believe a clean break of the first trend line B and also the support + resistance line at 1.29499 will call for alot more Bearish action to come taking price right back down again.
By following the light blue arrows i would suggest a quick short then back to the current price for more support + resistance which is at 1.30466 and from then on who knows....
Finally, the green arrows. If price is to continue rising by breaking support +resistance line D to 1.31105 i believe we would be expecting a large amount of buying pressure going into mid September and price would rocket.