Near Term Trend: Bullish / Neutral
As of 2/16/2018 close: 1.24083
UPDATE: Last week, I suggested shorting EURUSD with stops above 1.24 and with a target of 1.20884.
EURUSD eclipsed the resistance I gave last week at 1.24 and made it up to the previous highs at 1.25369 before reversing sharply on Friday. Well see if the reversal has legs to the downside.
I would get short between 1.245 and 1.2499 with stops on a daily close above 1.25369 and with a downside target (for starters) at 1.21836.