Bias to believe that there is a buying opportunity for this pair for the week/monthlies. Took this trade earlier last week in profit, and there has been another confirmation/retest of possibilities of buying opportunities. I predict price will shoot up for at least a 20 pip move, most likely higher (40 pips). I look to catch it and either lockin profit or ride it out to look to maximize profit. I believe this is a low risk trade with at least 2:1 reward:risk ratio. I am improving as a trader not only by documenting trades for myself, but find that sharing my reasoning with others enhances my learning as well as helps others. There are plenty of trades for anyone looking for it. tldr; long position for W/MO