If your in a short below march low i think you're in for a rollercoaster up before more down. At this point I think 1316 is a safe bet but the banks probably want to take out all the stops arround 1320-1326 then down again.
Trade closed: target reached:
First target reached, now lets see if I'm about a move higher. we could get a violent pullback @ this point so look for a new pricecoil and trade the break above 1317
Comment:
After NFP's price looks heavily supported above 1307 and price will probably aim higher for the 1320-25 next week. will update when i find a good position.