As of right now, I am bearish (short-term) I am ideally looking to scale in a long position at 0.72380 and hold it until we reach into 0.73490s and potentially, even 0.7350.
At it's current Price, 0.72768 at the time of this posting is likely to see a reversal to the downside.
0.72591 & 0.72477 are ideal downside tsrgets.
Once we tap into 0.72380 I suggest looking for bullish price movements.
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If we don't see downside reactions from current price (0.72890 4:28am) likely to see major declines after reaching into 0.72954 - 0.73085 if we do not see movement here.
GLGT.
Still targeting 0.72380 - Likely to see it...
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Stop loss +30 pips above Daily High (0.73547) Target - 0.72380.