Here is my plan for 2017:
Short Term - This pair will grind lower until it reaches long term support. I have no idea how it will get there and don't really care. My plan is to fade the bull runs. I'll use the short term channel to help time my entries + a healthy does of Fibs.
Long Term - If you take a close look at this chart, the pair has a history of touching support and then quickly retreating. While the short term trend is , as soon as price action reaches long term support, the trend bias will flip to . Keep an eye on long term support and don't get caught with your pants down.
Summary - short term until long term support is reached, then for the rest of 2017.
Trade safe, keep an eye on NEWS and always eat plenty of tacos!