Sorry for late publication, I just entered the short. The idea is to take advantage of the traditionally safe-haven Yen that is gaining in strength, which is likely to weigh on this pair. Explanation of technicals can be found in the chart.
UPDATE: This pair followed the script to a T, price dropped the total distance, as indicated in the chart, for a full profit of 138 pips.
UPDATE: This pair followed the script to a T, price dropped the total distance, as indicated in the chart, for a full profit of 138 pips.
You don´t need to be a weatherman to know which way the wind blows - B. Dylan