Expecting the right shoulder to move a little higher to test the 386 res. before a breakdown to around the 200 level or below. Very interesting pair at the moment.
This setup now at B.E, intially got spiked in at 220 level thanks to yellen haha. Managed a good exit as was prepared for a test of the 500 level and hedged with usd/jpy to conserve capital. Now have a nice bit of exposure and got in at the 440 level, will most likely see correction of the initial down impulse but this could be a nice trade and certainly is in...