Price fell yesterday and stopped out the
long trade with 35 pips, taking out the low and continuing the downtrend. We now
wait for a clear swing low to form, then a retracement. For now we have no trade setups on this pair.
Follow me on twitter @fxdailyforecast where intraday updates
are tweeted.
Will be going long if:
No immediate long trade setups since we have no criteria in
place. Stand aside.
Will be going short if:
No trade setups at present, stand aside.
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