During the course of last week, we sent out multiple analysis on EURUSD In each one of them we looked at a downtrend and the selling opportunities in case of an upside move.
Everyone who's got active short positions could place stops above 1,1850! Today looks like a decent opportunity to add to your position or make an entry.
@VasilyTrader, We've developed our own staking system that tells us how much risk to use on each trade, however generally speaking we do not recommend using more than 1-2% on each position.
Did you see The daily time frame?. It's a clear buy
ForexTrendline
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@lungap, I don't think there's such a strong buy signal on a Daily timeframe yet. However we have a long term bias on this pair that price will start climbing up, but right now what we see is a strong USD.