EURUSD still maintains the top of the range but it's cracked the shell
Sitting down this morning I thought the euro was finally ready to blow. Thankfully my short stops remained in tact by 5 pips and here we are ducking under 1.1400.
EURUSD 15m chart
It seems that many are playing the quick pip gain game as offers into 1.1500 are said to be from longs profit taking. They're strongest around 1.1495/1.1500.
There's increasing signs that the top will continue to be tested, particularly with that 1.1450 break,but if sellers keep the price below 1.1400 for any length of time, the top side resistance will come rolling back in.
