- Monthly and Weekly still positive, although on the latter we should not close below 1.3961 tonight to stay bullish.
- Daily : Looks like we will close below 1.4157 today (now at 1.4057). If so, the false break above 1.4157 sets us up for some more weakness in the days ahead. I would use that as an opportunity to get long however. The trend is up and one should not be too clever and try to catch both the up and down moves. Stick to trading from one side only.
- Or perhaps, instead of EUR, find something better to buy eg AUD, CAD or even GBP.
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