I was wrong!
Once it broke resistance level it sky rocketed (trading now @ 1.5143, over 150 pips higher then my original entry point). Looking back I should've realized that this time the key level was a portal for direction, mainly since alot of positive news is coming from Wall Street. Risk appetite is abroad which only makes the USD weaker.
I didn't lose much! I was smart enough to put a stop loss @ 1.5020, mainly due to I was kind of hesitant about the trade because of what I wrote in the previous paragraph. Luckily also it wasn't a large trade either.
I did put several Twitter alerts out there and for awhile there I did have $300 profit.
Oh well, you gain some, you lose some. That's how trading works.