EURUSD is trading higher and the move looks quite impulsive. There is some rumors of stop losses above 1.4000-15 and the market might try to take them out..
That being said, I have some strong resistance around this 1.3990-95 levels and I think it would be wise to try to sell half a unit close to the resistance area and may be another half unit around the stops I mentioned.
I would set a stop loss level above 1.4100 for the deep pockets or around 1.4060-70.
The target on this trade would be around 1.3850 to be fine tuned.
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