EURUSD: Retracement it is…
Since last December the EURUSD has been falling like a rock, it follow through on January and the first days of February. But we might be on the way of a small retracement (at least to the next LT resistance level):
It broke the resistance of the short term range and it is likely to continue its way up until it reaches at least, the next LT resistance level.
Look for long opportunities if the EURUSD keeps trading above 1.3707. Next LT resistance level is at 1.3846
All short opportunities will be ignored.