I just went long the EUR/USD at 1.4315 with a stop around the 1.4194 level. The chart below should speak for itself: a well defined hourly uptrend with an entry point near the 100 and 200 day EMAs.
I'm also keeping a close eye on the Yen, especially EUR/JPY. Based on the 2 time-frame chart below, EUR/JPY looks to be sitting right at some major support. I would be ready to risk a trade as long as it stays above the 132 level. So far, just keeping an eye and waiting for a nice entry point.
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