Don't Follow Too Closely With Stops! Wait For a Lower Entry.
The Euro is backing down a little, buy on pull-backs only, . . .
The steep angle of the gains means we can expect a good pull--back over the next few days.
By George R. Harrison
The latest surge in up-swinging EURO prices is likely to take brief pause for at least a few days and pull back down in price a bit
There's presently a strong price support at the 1.1050 level which should hold as long as the latest price trend momentum is in place.
Should prices break below 1.1050, then, price trend can be expected to go lower for a week or more.
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