if it breaks, we might be in for a little long profit taking. volatility likely just before / at news
TP needs to be kept tight
if break is not sustained @ 1x 15 minute candle, do not buy
EURUSD at support - oversold in advance of estimates for upcoming interest rate decision
buy when price breaks up out of triangle. OR, wait for further decline in price and buy close to support (higher risk)
interest rate cut largely factored in already - if news = cut, price will fall. USD upcoming interest rate decision also likely to begin affecting EURUSD...