The daily EUR/USD has traveled up higher into the resistance layer between previous highs at 1.3320 and 1.3355. Since the daily has no clear bullish or bearish Directional Bias, the chances of exhaustion are high. This opens the door to setting up a short sell as the chop on the daily could begin to enter an “oversold” area; but the entry is aggressive and dependent upon a few factors. The daily EUR/USD has continues to chop within a range and with the intraday rally and pushed the boundaries of the range highs. This is not automatically a short sell but is certainly a consideration if the intraday time frames start ... (full story)