My Trading system for EUR/USD just gave me a sell EUR/USD signal. Do any traders have any views on where EUR/USD is likely to go over the near term
I sold at 1.2180 for 1.2115-20 area, before the next leg up. The hourly euro/usd charts show the pair is over extended and do for a correction. QUOTE]Quote from tacmot: My Trading system for EUR/USD just gave me a sell EUR/USD signal. Do any traders have any views on where EUR/USD is likely to go over the near term [/QUOTE]
I think it's a good trade, Tacmot. Panic spike. Should melt off at least half. Pocket yourself 50-pips. Give it a day or so. Good luck, x 1.2169