I want to first say that I think the Euro
has room to continue up but not at this moment. I really want to buy the Euro
but I do not like the risk to reward ratio. I am much more comfortable buying the euro
near 1.10 levels again. I feel that there is not really a good opportunity to buy it this high at this moment. To me, it looks like a good short opportunity in order to buy again lower. I am looking to take profit near 1.104 and prepare to rebuy near 1.10 with price action near 50% and 61.8% fib ratios.