Quoting truccoDislikedI see 2 possibilities :
1) BUY @ 1.8585 circa with stop @ 1.8556 circa with target 1,87
Probably would be better to buy lower then 1.8585. something like 1.8578 maybe
But if I see that there is no buy answer at 1.8575 then I doubt I would get long from there
risk -29 pips
reward +100 or more
2) if the price hits the stop @ 1.8556 then I would SELL between @ 1.8580 - 1.8590 circa with stop @ 1.8606 and target from 1.8490 and down
risk - 16-26 pips
reward +100
Just what i would set if I had oco orders types
there is no raccomandation in it.
This is just technical staff. If FED speaks crap, thats not in my possibiltiesIgnored
Ill post other possibilities I see next