If you check out yesterday's chart, I put forth the case for a near term high on Euro. It broke the levels I wanted and now has retraced. I trade the 1 minute chart but the 15 minute 200 ema is a great indicator where we are in rotations. Also, EURUSD is down for the day and is now challenging that sentiment. I like entering trades at or near the open if I get a set-up. So the hope this morning is that I get a nice "M" in price action and go for it. If you are a swing trader, you could consider short now with stop above 1451 and 1st target of 1373.
