Do you think going long is a good idea I got in at 1.6505 thinking it was breaking out but it looks like it will be a ranging day do you think the psychological 1.6510 resistance will be broken. Help please.
it was a fake breakout on the daily. i think price is making a minor retracement to the downside after making that previous swing high. so i wouldnt go long just yet, but thats just me.