$EURUSD - I've Been Cautious at These Highs

Recently the $EURUSD has been trading at a level that I've has zero interest in. We've been stuck in a strange location, where we've been too high for me to want to buy, yet too low for me to want to sell.

With today's rally, which I can only guess was due to the Trump Jr. Email mess along with Merkel's comments on the EU. This pair may push up towards the $1.16 level which would be a price point that sparks more of my interest.

In the higher red box also lies 2 projected equal level moves coming from previous extensions. But aside from that at this point I have no other confirmation at that level.

As a swing trader my eyes will be glued to potential selling opportunities, but as a day trader, I will certainly be looking for a correction and a chance to hop on the next wave up.

Just what we needed. Even more excitement heading into tomorrow's big day!

Okay, time to finish today's Trading Blog video! Good luck out there traders!! And I'd love to hear your viewpoints on the $EURUSD. The more ideas, the better!! Let's just keep it clean and informative