Sellers willing to keep the pressure on means we could be seeing further downside
I'm not liking the current price action in EURUSD, and after taking a tech long at 1.1155 I'm considering bailing out and moving on.
Sometimes things just don't feel right and I'd rather get out for a small loss than play the hope game
While I decide what to do I'm going to move my stop to just below the 55 dma at 1.1120 so if it does blow it makes the decision for me. If I get back to breakeven I may even call that a result
1.1135/40 looks key right here and now. I like the tech but not the PA and that usually becomes the overriding factor for me
