Daily Outlook: Markets were incredibly slow yesterday as the pair move less than a pip from open to close – though it did drop over 110 pips from open to low. Our aggressive short was triggered for a few pips but nothing to write home about. We are looking for more action today as market players continue to digest and act on the latest news (by the way, less than 5% of poll voters were right yesterday as for the first time the correct answer was “neither target will be hit” 
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.The falling trend resistance that was the basis for our primary trade yesterday was finally broken on the latest blast upward and we did take a long position at 1.4115 – which is currently underwater a little bit. We are ultimately targeting up to 4250 and 4300 in the next couple days though we might see a short term dip here if the pair gets back below 1.41 with 1.40 as key support.
Trading Idea: We are in our primary trade as we are currently long from 4115 (a touch in the red at the moment), targeting 4140, 4170, 4195, 4225 and 4250 for 135 pips potential.
For aggressive traders there is also room for an aggressive short for a sustained break under 1.4100 with targets at 4080, 4050 and 4020 for 80 pips potential.
