We have a clearly overbought situation in EURUSD at the moment. But divergence is not yet in place. This can be traded in a nice way.
Therefore : a quick trade on the move down, then re-entering the previous long position again (since Greece won't be allowed to fail). See the levels as described. Given the fierce forces working today, I don't expect it will need to test all those support levels, so I am aiming at just 1.1065.
Therefore : a quick trade on the move down, then re-entering the previous long position again (since Greece won't be allowed to fail). See the levels as described. Given the fierce forces working today, I don't expect it will need to test all those support levels, so I am aiming at just 1.1065.
