NeoDaNomad

EURUSD Reluctant to go long

OANDA:EURUSD   Euro / U.S. Dollar
Bulls have been in control for the entire New York session, but I've been hesitant to go long, especially because the Euro's been in a downtrend since the beginning of February. I would have to see the Bulls take out the last high on a higher time frame like the Daily to take this upward momentum seriously. That would be a serious break in structure, undermining a 5 month trend. Until then I'm really only looking short, today aside.
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