On the weekly timeframe we can see that price formed a large wick to the downside which could signify a sign of reversal. If we are maintaining the overall bullish trend on this pair then we should see price surge to the upside. On the H4 timeframe we are at a potentially reversal area but it looks as though buyers are stepping in and taking over. I will only start to look for buys once price breaks above the 153.000 area. If price does manage to respect the current area then I will look for short opportunities.