Both my 30-min and 5-min chart on the pair giving me opposing signal. The 30-min chart main trend signifies for a short trade while the 5-min chart trend signifies for a long trade. The recent popping news on oil inventories have pushed down the Euro against the Dollar but its not enough down force for me to execute any short trade. For now for me, is just a wait and see game. But I expect the market will make some movement by Thursday as there are quite a number of economics news due to be release both from the Eurozone and the US.
Until then happy watching and trading ;)
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