Go long now take partial profits along the way and keep this baby open for when Yellen starts talking dovish next week. If this fails ill be looking for further entries @ 1.52600 & 1.51550. My goal is to position myself with a nice cushion for the Yellen speech.
Thanks guys! I'm still learning but please feel free to check out my other ideas!
We are looking at some support on the hourly at the 1.53320 a key level on my chart. I took a long @ 1.53320 to be honest I did not expect as much deceleration @ 1.53320 as we are getting.
Lets see how it plays out.