Looks like a good short-term opportunity to grab 30-50 pips. The upward trend line on 30M has been broken but it's close to support. Only a break of 0.7750 would suggest decent downward momentum. Another way to play it is to go long after a bounce off the support right up to the trend line. A break of the top of the triangle would likely mean that the overall bullish momentum continues its trajectory.
