Near Term Trend: Bullish / Neutral
As of 2/9/2018 close: 1.22433
UPDATE: Last week, I suggested shorting EURUSD with stops above 1.25369 and with a target of 1.20335.
EURUSD came down this week as US interest rates rose and institutional money flocked to the Dollar as a safe haven. I would expect this trend in general to continue but perhaps after a bound in EURUSD.
I would sell longs / get short on a bounce to 1.23661 with stops on a daily close above 1.24 and with a downside target initially of 1.20884 and down at 1.5526 on an extended sell-off.