Small short to the bottom blue channel for 15 pips.
It's very possible for price to break lower 200 pips upon news releases, however my feeling is that price will do the opposite and shoot upwards. There isn't enough room for a move down just yet, but I could be wrong.
I'll take the 15 pips if its on offer. Thanks.
UPDATE: Trade closed for +7.3 pips.
I guess 15 pips wasn't on offer before news. News will create some action now. Either you'll know where price is going and it's good for you, or you're indecisive like me, therefore I recommend you stay out.
Good luck.
It's very possible for price to break lower 200 pips upon news releases, however my feeling is that price will do the opposite and shoot upwards. There isn't enough room for a move down just yet, but I could be wrong.
I'll take the 15 pips if its on offer. Thanks.
UPDATE: Trade closed for +7.3 pips.
I guess 15 pips wasn't on offer before news. News will create some action now. Either you'll know where price is going and it's good for you, or you're indecisive like me, therefore I recommend you stay out.
Good luck.