FX:EURUSD Euro Fx/U.S. Dollar
Just a basic example of why I am currently on the EUR/USD pair. I will be looking for the banks to possibly pull this upward on a news event this week to better position themselves on the short side only for it to have a very hard reverse back down.
Comment: Price has now reached the 1.14000's area which has been a prior level to short the eu. Will need to watch for confirming bearish price action at this level.
Comment: Price coming down nicely from resistance area.