currently at support. chart pattern suggests retracement to 1.1750 then short again from that level to later retest lower levels. currently no signs of a longer term reversal so net short.
Comment:
most mainstream media suggesting cpi data will cause breakdown. dont short yet as this may lead to false breakout, stop loss hunt then breakdown later on.
Trade active:
guess what guys!! we are at optimal shorting zone. going heavy now
