DislikedTargeting 1.3310 and possibly 1.3340 will hold the pair. As far the short from 1.3260s the better...as price will retest it later..Ignored
Yesterday, I was holding longs as a bull until GU reached and broke over 1.3340, where I turned bear and grabbed some good shorts, keeping one hold @1.3345 for bigger retrace down.
I don't see market have the enough power to make one more big push up toward 1.35 in one day(Monday) before close of monthly candle and open of new one.
And however the monthly close would be, there will be a nice retrace down in September, knowing that around current price attracted much sellers at past and history doesn't support more than 1000pips advance in 2 month without a good retrace at least 300pips in the third.
As you read before I repeat, as long as your entry is way far from a most probable retrace level as much as your risk is lower.
It hadn't happen that my luck was ever that good while holding a position market gaps in my favor..lets see for next week
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart