This pair looks like its moving to the upside, well at least technically on the H4 chart. Price has bounced off of the immediate support area @ 1.4788 and has printed a bullish candle, maybe a sign what is to come. The moving averages are also holding price to the upside and if you zoom out on this chart you will see a clear pattern of higher high and a higher low, and that tells me bulls are in control. If price however moves to the downside and break the first level of support than I will try long at the second level of support and if that fails I will stop buying. This could be the start of a bullish trend assuming everything goes according to plan.