There was no way I should have even been dreaming about the possibility of contradicting the freshly bearish day-to-day trend when I did!!! It is only now, at 1.1967 (30 pips and several hours later) that just entertaining the idea of entering a temporary long position makes any kind of sense. However, the more prudent move would be to wait to see if a pull-up in the downward trajectory actually does develop, and if so, enter a short position when the intraday trend hooks to the south once again to rejoin the exchange rate’s overall descent.
The timing looks good to me, ever since the rate started bouncing around primarily between 1.1966 and 1.1968.