EURUSD Trade Setup

Monday, December 16, 20130 comments

The EURO could be temporarily topped here or it could meander around wiggling its way up for another couple hundred pips to maybe 1.39-40 area. The overall thought here is that the EURO will make a larger move down soon. The arrow exaggerates my thoughts a little, I would like to see 1.30 first. This is a weekly chart so this can take a while to play out. There could be intraday trades going in the opposite direction. Good luck
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