Standing pat on EURUSD
I still like the idea of a EURUSD short, but I suspect we could establish a further high before a more pronounced decline. Indeed, SSI shows that the pair could continue higher through the short term. I'm biding time until we break to a fresh high or show a material break below important support at 1.4000.
I'm still holding my AUDNZD short from 1.3680 and recently moved my stop above 1.3620. I see modest profits on the position, but I will resist closing any part of the position as I'm really targeting a break below congestion at 1.3560 and a move towards 1.3450.
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