Afternoon session – Bernanke speaks and home sales worse then expected

Watch live on Bloomberg Bernanke speech:
http://www.bloomberg.com/streams/video/LiveBTV200.asxx

So far the EURUSD is jumping up and down. No clear direction for now. Wait for the end of Bernanke speech.

UPDATE: +7pips, the EURUSD PA jumped UP and I entered long with FIX TP around 35pips. It got to the 23potential pips but then reverse. After second reverse I exited the trade with a modest gain of +7pips. Afterwards the EURUSD was falling down back to 1.3450.