EURUSD Trade Idea – March 10th

The recent move higher to a 2014 high presented a great opportunity to take profits on your longs or enter short positions. I entered my shorts around current levels and think anywhere above 1.3870 is a good short for now, but I am not looking for a big correction. I think we my get 100 pips to 150 pips out of this before the EURUSD may attempt a run at 1.4000.