Trade Scenario 1: Bullish - For us to go long we want to see price break above our edge of value at 1.3757. We will then wait for a retrace and for 1.3757 to act as support. Enter on strong bullish setups, first targeting previous highs around 1.3800
Trade Scenario 2: Bearish - For us to go short we want to see price break below our edge of value at 1.3757. We will then wait for a retrace and for 1.3757 to act as resistance. Enter on strong bearish setups, first targeting our point of control at 1.3720