After being up nearly 50 pips, EU has reversed; in fact the whole dollar complex has reversed. I’ve closed the EU long trade at a small loss of -7 pips and now gone short as follows:
Closed EU long at 1.3018, -7 pips
New short $100/pip EURUSD @ 1.3108. SL at 1.3078.
The USDJPY and the GBPUSD are also on the verge of generating reverse signals. I might be closing them in the next half hour.