Pending Long EURUSD for a dip and rip.

The recent up move in EURUSD may be an impulsive leg. If it is, there's a fair risk we're at the top of it now but would be great to look for longs 100 pips lower.

We have a lot of news today. The forecast style of a C leg would be a sharp drop and whipsaw, which is often consistent with news releases.

I'm not one for guessing headlines (I don't know and don't care) - but this looks like a great spot to plan for the long EURUSD if there's a big dump on the news.

Broadly speaking, I am rally bullish on EURUSD. I think there's a good chance we're inside of this move.

If we are, we'd be in the final stall before this started a really impressive rally.

A big C leg to spike out the range high would be sick. Would come with a lot of momentum if it did.