Euro medium term short...

We have had a nice run up on E/U over the last few days. Setting up for a nice short on the daily.

Trade
Short @ 1.3930
SL @ 1.4060
TP @ 1.2650

Hopefully we will reach 1.3900 area before the close of this week. A Daily close and retest above the Upper Trend line will signify a new bullish trend. At this stage though I am still looking to short around 1.3900-1.3950.

Back Up

After taking a break from forex (enjoying the profits), we are now back in action...

Stay tuned for new updates.