Looking for a bearish pair on USD news. Look at this lovely pattern! Anyway Daily chart bearish.. 4 hourly chart…you guessed it… so wait for news at 12:30 and I would expect a bearish response from the pair noting that it does retrace to about 1/2 the drop when it does drop, but look at that rally before hand. Short it AFTER the news hits if it goes red! But be careful.