EUR/USD/FXWW News

EUR/USD: Small longs in play

I know, I know, I swore off trading for the week after the AUD handed me a beating, but it’s impossible to maintain a feel for the market without having a position.

I’ve taken a very small long position in EUR/USD at 1.2952 and I have a tight stop on this below 1.2900. If a short-term base forms near 1.2940, I will then look to add to the position and add again on a break above 1.3000.

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