This pair has a nice five wave up from the recent bottom at 105.55 and is finishing it's retrace to the 50% level. Divergence on both the RSI
(though better seen on the MACD
). Long on this pair with a tight stop just below the 50% retrace. Initial target is the 38.2% extension of the initial move from the 105.55 bottom, measured from the 50% retrace of that same move.