shorting EUR/USD

[riskfreetrading]

I am about to post this trade for the financial traders blog members:

22:35PM (May 31, 2009): with EUR/USD at 1.4166.

To avoid bias, I will wait for views before I would provide the why of this trade.

What do you think?

RFT

 

[AJFCapital]

i agree

however, i would only do this for the short term (retracement).

 

[KrispyKreme50]

Shorting GBP/JPY also looks good here for a short term play.