Like always, it will consolidate against a century mark (i.e. 1.3100 in this case) and either bounce or plunge through. I wonder if there's a trade-able statistical edge to behavior around centuries? It's been my observation, anyway.
Hey nuke, earlier you showed 2 methods. One used 1 hour OHLC data and the other used tick data. You said the tick data method was more efficient but you never said which you actually used for trading. I'm working on my own bot to figure this stuff out auto-magically in real time.