Trade Scenario 1: Bullish - For us to go long we need to see price retrace to our point of control at 1.2027. We will then wait for price to find support and enter on strong bullish setups, first targeting previous highs around 1.2043
Trade Scenario 2: Bearish - For us to go short we want to see price reject off 1.2043. We will then enter on strong bearish setups, first targeting our edge of value around 1.2015