3 min? 
Man, you absolutely should open account with Oanda I suppose you are with us now 
You can trade 5 sec chart there and it is bull or bear market every few minutes or so 
There is no talking reversal only correction for now. Price had spent a lot of time trying to break 1.3000 and was not able to do so. From my experience such failures result in complete trend reversals, lot's of orders are accumulated and they must go somewhere. not for 100-200 pips...unless some serious bad or good news depending how market perceives them like previous Draghi speech in July the trend will continue. the question is whether it will be smooth, or choppy with constant corrections.
Man, you absolutely should open account with Oanda I suppose you are with us now You can trade 5 sec chart there and it is bull or bear market every few minutes or so There is no talking reversal only correction for now. Price had spent a lot of time trying to break 1.3000 and was not able to do so. From my experience such failures result in complete trend reversals, lot's of orders are accumulated and they must go somewhere. not for 100-200 pips...unless some serious bad or good news depending how market perceives them like previous Draghi speech in July the trend will continue. the question is whether it will be smooth, or choppy with constant corrections.
I think just watch 3min chart you can tell it's bad for bulls since yesterday morning.
the best chance for reversal was during the interest rate meeting, but that didn't happen.
This is what called risk aversion 
