Technically though it was a very bullish break especially in combination with the triple dojis on the weekly charts and, if I enter the market, it will be in the form of a long. A setup I will watch closely is a dip to the (former) resistance between 1.3660 and 1.3690. The more conservative trade is the dip to support trend line (bottom blue line on the bottom of the chart).
Trading Idea: Primary strategy is to watch a dip to rising support, currently around 1.3600. If it reaches this level it will be a 130+ pip drop and near the pair's maximum range recently. From 1.3600 long targets are 1.3625, 1.3655 and 1.3690. The more aggressive setup, if it presents itself is to buy on a dip to 1.3660-1.3690 support range (ideally it would also touch former daily resistance trend currently at 1.3680). Long targets from 1.3660 are 1.3690, 1.3730, and 1.3760.
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