EURUSD trend following play

FX:EURUSD   Euro Fx/U.S. Dollar
73 0 0
EURUSD             is in a bearish situation right now and it has also reached a key important level of 1.10. Even though it has went through, I still waiting for a bounce. Asia may short it but who knows about the Europe. Based on the MA I am confident that this will be bearish . I plan to short it till the MA gives an exit signal. (which is when the price crosses the 50EMA)

There may be a pull back to the 200 EMA since the remaining EMA hasn't cross it yet. So right now it's "neutral".

But I'm preparing to short it though. Best of luck!

EDIT: 25/5/2015 3:37PM

Range bound market. Got out. May not wanna trade Asian Session + US holiday on a non Asian Pair with a US currency. I will return once the liquidity comes back. The short is still valid
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