This pair has formed a Higher Low (HL) and has broken at 1.487.
You can also see that that zone is the neckline of an pattern. Another reason supporting a buy trade.
histogram is above zero line and supporting a although the bars are still in black (No confirmation yet. Take note).
TP1 is at 1.504 and TP2 is at second resistance at 1.5135 level. Taking a trade that targets TP1 will not give us a good R:R ratio. Targeting TP2 will give us R:R at 1.73.
SL is placed just below the neckline level at around 1.4865 level.
If you want to take this trade, go down to the 1hour or 15 min chart and look at the best level to enter.