I do hope you already make a lot of profit form previous entry on selling EURUSD, click here.
It is time to take your profit, I guess. If you still want to hold that entry, do ensure that your stop loss is at breakeven price 🙂
Anyway, here is my latest chart for EURUSD, 29 June 2012.
Honestly, I wish EURUSD will be bullish in the next few weeks. I may buy EURUSD at 23% fibonacci level as you can on the above chart. If the price going down a little bit more, I will buy again at double bottom.
But still, I have to wait for this month candle to close then I can be more confident with anything I might do. Monthly chart, lets have a look.
Could you see there is a potential of strong reversal candle on monthly chart? I can clearly see it ^^