I am expecting a bigger temporary bottom in the EUR/USD to play out, but because a new marginal lower low took place it is better to wait with this setup until a certain price level has been taken out on the upside. This pricelevel has now been taken out to the upside so I am prefering a nice Long opportunity in the EUR/USD during the NFPs with a good chance to risk ratio. However Entry should only be taken when there is confirming price action in the smaller time frames.
Idea Berkaitan
