I will be looking to get involved in a long trade on this pair. Indicators are supporting a move up on the higher time frame. I can see a possible short term move down first before the break of the pattern to the upside. As always, look for a momentum candle up to confirm your entry. I will also be looking for price to break out of the current descending broadening wedge
pattern which is normally a reversal pattern.
Plan B - if price continues to the downside, then wait for a bearish flag
to form before considering entering short. Good luck :)