Quick and simple analysis. Wait for rejection of the support before going long. Multiple rejections will indicate a reversal and an uptrend.
If support breaks and then retested-close out position. Keep stop loss at 30 pips below support.
If support breaks and then retested-close out position. Keep stop loss at 30 pips below support.
Comment:
SHORT!!! Fundamentals have been released and now short to support zone.