I am expecting the pair to go slightly lower to complete the Bullish bat pattern at 82.75
This will give us a potential 2:1 reward is to risk trade.
Let's monitor how this develops towards the end of the week.
This is a rather slow moving currency pair.
Even during FOMC, it did not move much.
Looking at the 4 hour trend, the bullish move since May 2018 looks intact, trend is still bullish until the key support at 0.97 is broken.
Based on the rules of the bat pattern, this is how I will trade this setup.
EP 0.9730 - 0.9740
The key is ...