i see the current situation little confusing. the downtrend started in september now has been cancelled. little early to say if mid term uptrend has started. we need to see where the support is after bear hits back. until then, probably we are entering a range between 1.1880 and 1.1720. the chances we it will get to 1.20 without retrace, statistically quite low. therefore, at least for me, going long here is as risky as shorting without seeing lower lows on 30 min tf.
As Above, So Below