The hourly trend line comes in around .6440 so I would ideally like to keep my intraday stops below there. The ideal level for me to enter the market would be a 61.8% pullback level at .6480 but if an hourly low forms around .6515/20, which is a 38.2% and a previous high, then I will buy in there with a very tight stop. On a more long term outlook, a daily close clearly above the 100-day MA at .6615 would be a very bullish event. The last time this happened was in July last year.
