If this pair can retrace into the 1.5495 - 1.5475 area, I will be looking for bullish
setups on my 15 - 30 minute time frames. If I get proper validation, then I will be looking at a max risk of 30 pips and a minimum potential profit of 60 pips. If price breaks 1.5450 area with conviction, then this idea is out the window. Validation is key to this type of trade.