scalony
Short

Euro short

FX:EURUSD   Euro Fx/U.S. Dollar
55 0 0
Euro             keeps making higher highs, the long term uptrend seems to be intact. However it needs to breath and now this part of move seems to be exhausted.

I am shorting it and hopefully it will drop to 1.3812 or even 1.3792.

The Risk to reward on this trade seems right. and in the past this pair was respecting the channel boundries it which it was moving so I do not expect it to be any different this time.
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