Staying short Euro/US Dollar
I remain short the Euro against the US Dollar from Thursday, May 12 as I think we've recently seen an important EURUSD top. More recently I tried to set a second short-term short position that unfortunately didn't pan out, and I got stopped out at approximately a 75 pip loss. I nonetheless remain bearish and in my original position. Stops above 1.4340, near term targets at 1.4050 but I probably won't take profits until we hit 1.3900.
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