Looking at 4-hour data. I am inclined to sell below $1.3953 TP @ $1.3730. It has broken weekly level of $1.4201. So a major short is coming.. Next 3 weeks I foresee it breaking $1.3713. Might see a short term rise to $1.4097, $1.4123 and as high as $1.4145. (looking at 1-hour) Happy trading!.
Waiting for a reversal. Daily buying pressure is wearing off, positioned for shorts. Weekly selling pressure is also wearing off...positioned for longs. Tough decision to make. Price to watch is $1.3713. Strong buy-ins expect t/p @ $1.4180. Other than that, short-bias. (short term time-frame) eur/usd in the long-term is very well positioned to go long. If buy-ins are strong @ $1.3713, I would open several positions and trim accordingly. $1.50 is very possible.