The price reversal zone on this pair is between 1.3498 & 1.3536
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the setup placed at the .382% and .618% retracement of the C to D move.
There is also opportunity to look for extended targets at around 1.3378
Stop loss would be placed above X leg .
Target 1 - 1.3444
Target 2 - 1.3411
As long as price remains above the C leg and Below the X leg the setup is still valid.
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I personally do but i trade higher timeframes so i can afford the volatility, but there are many factors traders should take into consideration prior to entering a position ahead of data releases.