Prior to the release of US Gas Inventory, my 30-min chart prompted me to immediately go to 5-min chart as the price has break my resistance level of 1.4887, for at least a 44 pip target and an ultimate target of 73 pips. I expect my first target to hit just before FOMC Member Stern release his speech. He's notable for hawkish tone. I place a very tight stop of less than 20 pips for today's entry setup.
I'll be back to update on my trading ;)
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