EUR/USD has been falling for a while breaking support and trend lines while the US dollar continues higher in a parabolic fashion. Currently, the RSI on the US dollar is overbought on the daily/weekly and the Euro is oversold on the daily/weekly.
EUR/USD also is forming a falling wedge near a weekly support zone. A strong bullish candle break can indicator a push towards our weekly resistance trend line creating a big trading opportunity you do not want to miss!
Closing partial positions and putting a stop loss break even. Looking for re-entries if price action allows for the longer term swing trade. Good profits today.