EURUSD - Sell? Not here! Loosing short term bearish momentum

FX:EURUSD   Euro / U.S. Dollar
50 0 0
I've just published an USDCHF             idea before:

Not surprising, everything that I wrote there above is exactly valid for EURUSD             in an inverse way. EURUSD             may spike up to 1,3800-1,3815. Or may stay here 3730-3780
Unless it breaks below 1,3700, it is not a very good risk/reward to keep too much short any more. Especially if starts to trade in a range 1,3720-1,3780 I will absolutely have no interest. I only have interest in possibly trending instruments, and in good risk rewards.

Long term I still think it can be a good sell, but I need better entry level, let's watch if we see any good sell signals after it spikes up on the 4 Hrs             to 1,3800-1,3815.

p.s.: I closed all my USDCHF             long exposure, and reduced EURUSD             too. Even though EUR has the biggest weight in the USD Index, that can be slightly different technically. I will check and post it soon. Maybe it is reasonable to hold USD exposure rather through that bascet than holding positions only in these two very much correlated crosses (I mean EURUSD             and USDCHF             ).
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out