Pair is overbought and there are now very few buyers and may eventually fall back. Potential price range it may go is the 1.090 to 1.085 or so levels. MACD has crossed meaning buyers are exhausted. RSI slope on the downward side on the daily chart
Potential short sighted on price action as buyers have rallied for a bit and now the sellers are coming into play -- expecting price to move a little higher around the 1.0955 to 1.0975 levels before going back down. There are still medium-impact news updates for both the Euro and USD so anything can still happen. Adjusted stop-loss level to secure profits.
nukenoobfx
⋅
I am starting to see buying pressure building up but not strong enough for sellers to back down just yet. Adjusting stops to protect gains.