Still being extremely cautious with this pair. It’s been range bound (about 50pips) for the past few hours. Prices seem to be respecting the supporting trending, which suggest that the channel may still be effective. Any break downwards would give me a bias to go short. For now, I’m long with a small stop (below the low of 99.06) with a small position.
1h Chart
Many people telling me to stay short….. Fingers crossed now…..
