As you can see RSI is indicating an overbought pair eur/usd. If we close with this high today, next week will be shorting week. Keep your eyes on it and get ready to enter trade on monday :)
Take profit 1 is at 1.2 Take profit 2 is at 1.1930 Take profit 3 is at 1.1860-70 Take profit 4 is at 1.1730
Long term EUR/USD should fall to 1.14-5 area
If we go up further than 1.2550 I suggest close any short positions and aim for longs.
Thank you
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Im starting my trade right now. you can set your stop loss at 1.12330 or like me on 1.2430 Good luck :)
Trade active
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The trade is still active, if we hold that position for the next couple of days, there should be a grand shortage next week