EUR/USD View

T

tacmot

My Trading system for EUR/USD just gave me a sell EUR/USD signal. Do any traders have any views on where EUR/USD is likely to go over the near term
 
I sold at 1.2180 for 1.2115-20 area, before the next leg up.

The hourly euro/usd charts show the pair is over extended and
do for a correction.

QUOTE]Quote from tacmot:

My Trading system for EUR/USD just gave me a sell EUR/USD signal. Do any traders have any views on where EUR/USD is likely to go over the near term [/QUOTE]
 
Quote from tacmot:

My system took me short EUR/USD at 1.2173. I is based on 5 min bars
More...
I think it's a good trade, Tacmot.

Panic spike. Should melt off at least half. Pocket yourself 50-pips. :D Give it a day or so.

Good luck,

x
1.2169
 
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