Lot of folks are looking to long EUR as weekly and even monthly charts have shown that EUR bull is back in the house but I'm prepared to short some more, maybe after a pull back.
Well, shorted EU @ 1.2598 but didn't feel very comfortable and jumped out with 20 pips.
EJ short running, SL@BE, the problem may come with US stock market - if DOW is evil and green, it can drag EJ up.
I wouldn't like it, because I see plenty of room to go down for EJ and I would like to keep the trade at least over night.
Ran out of patience and closed EJ 111.30 for 45 pips. Can't force the market to give more, so + 65 today, enough. Probably looking for some new EUR shorts tomorrow.
Also noticed GU, pair might go down more this week: