Trade Scenario 1: Bullish - For us to go long we want to see price break above 1.3730. We will then wait for a retrace and for 1.2720 to act as support. Enter on strong bullish setups, first targeting previous highs around 1.3790
Trade Scenario 2: Bearish - For us to go short we want to see price reject off our point of control at 1.3713. We will then enter on strong bearish setups, first targeting our edge of value around 1.3648