The pair is in day 1 of a cycle of a typical 3 day pattern, look for a pull back to prior day's high 121. 87 area, then a signal to get long until 123.20 area. As highlighted on the chart this usually happens @ 0300-0400 hour. If we get a good signal, I believe you get a small stop of under 20 pips for a 100 pip return. Please bear in mind this is all contingent upon the pullback and signal.