We will maintain this for the entire month of August, make sure to set your stops in case this beast moves up.
We are holding long from Friday and will add more if price falls into our Buy zone.
Still see a very weak bullish signal, which could change instantly, if it crosses over we will look for 1.29200 then 1.27500 otherwise we are looking for bullish continuation to 1.32926. Therefore we will be Neutral and waiting before deciding our direction to go for this week until the signal is perfectly clear.
Weekly Bias short this week, will continue to hold long positions until signs of reversal though, expecting a minor price correction though.
Look for places to enter long now.