It has broken the bottom trend line last week, but then got back over it. It is balancing now between these two key possible break out levels. Because this pair can be really volatile, I suggest putting BUY and SELL orders to capture a few pips either way. Nothing too greedy.
Good levels to set up BUY would be around: Entry - 1.47200 TP - 1.47700 SL - 1.47200