Euro Dollar

I have done a quick basic analysis on the Euro to perhaps aid us in identifying a possible direction. Notice a convergence and 50 fib support. I would add to that analysis a entry / stop loss technique before deciding to take a position on the pair.

I have scaled out on my AUSUSD short and locked in more profit by moving my stop down. I was stopped put for a small profit on the GBPUSD yesterday.

Good luck today.