EURUSD Top in Place?
EURUSD bulls may have met their match on Friday. As you may know, I was selling EURUSD back on April 15th and again on May 1st. I announced both of those entries in the DPA member’s area. However, I went in short again later in May, and that position didn’t do so well and resulted in a small loss. Since that time, EURUSD has gained a mind-bending 500 pips in nine trading days. But has the euro moved too high too fast? If we look at the daily time frame, I could make a strong case for a pullback at or around that 1.1400 mark. In fact, I even shorted the EURUSD earlier today above 1.1300. It’s an entry I ... (full story)