A lot of data coming out and Bernanke will speak so extra cautious today too:

• EURUSD > bullish and looking for retracements for long entries… ideally 3560/80s

• GBPUSD > bullish and looking for retracements for long entries… ideally 5370/80s
• USDJPY > bullish and looking for retracements for long entries… 93 and below

Keep in mind that failure would bring bearish momentum back, so I would really be focusing on the shorter-term trend and trades in order to not get stuck with a specific bias.

Stay safe 😉