Few points against shorting EUR/USD

Quote from MrProfit:

well, as predicted the level of 1.1900 at EUR/USD holds well and there are no signs of 1.1300
I have a gut feeling we are already in another strong upward move.
I expect a 1 month of consolidation with a 1.2200 as a level of strong resistance.
Then I see an upward move to 1.2600 for approx. 1 month afterwards and then acceleration to 1.4 and 1.6.
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Well, do you still stand by this statement or will you concede that the clear secondary downtrend of the monthly, weekly and now daily charts of EUR/USD stayed intact and are resuming?

When 1.19 gets cracked to the downside this time, it will drop hard when all the stops get hit.

1.16 to 1.13 is quite realistic IMO.
 
Quote from slapshot:

Well, do you still stand by this statement or will you concede that the clear secondary downtrend of the monthly, weekly and now daily charts of EUR/USD stayed intact and are resuming?

When 1.19 gets cracked to the downside this time, it will drop hard when all the stops get hit.

1.16 to 1.13 is quite realistic IMO.
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Anything is possible. We'll see.
I still think IF the USDX makes a move upward - it is going to be limited and temporary.
 
Quote from Ivanovich:

Man, that was (hell, IS) some selloff today!
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are you short? if so, maybe you can give me back that $500 i leant you last year - remember??

:D :D
 
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