The price on the chart is currently approaching the 149.000 level, which coincides with a previous low from the Asian trading session. This could be a good area to look for a reversal. This is an intraday trade setup where I will be aiming for a 1:6.7 risk to reward ratio. I plan to set a 10 pip stop loss and a 67 pip take profit target.
Chart PatternsTechnical IndicatorsTrend Analysis

Disclaimer