I have never had much luck with this pair but will give this another shot. Starting with the daily chart I see price almost made it to 1.9000 but was shot down. A pin bar formation at an important level is significant to me. The 1.8900 level was also a rejection level on 17 and 31 March and price has just moved below that level on Fri. Do we have sellers in that area? It does seem possible.
Next we go down to H12 time frame. Essentially we see the same pin bar formation. the 1.8900 area did act as support earlier and now seems to be a resistance. The current move up could be interpreted as almost a 61.8% retracement of the major down move. I also note that there might be some support at 1.8830 area and that is not far away.
So, taking into consideration that price is still above the 200SMA (on the daily) and support only 50 pips away, it would be prudent to wait and see what happens next. Once we break away convincingly from this 1.8830 region, the way down is quite open and will offer plenty of flexibility on how to manage the trade.
All this of course if the trade even gets triggered.