Overdue for a Rest Before 1.4700
After just missing the 1.46000 handle, EUR/USD pulled back to regroup for an attempt at the 1.4735 zone. Four consecutive up days could mean that the Euro is overdue for a rest. Look for a deeper pullback to the 1.4350 area before the Euro tries for this target again. It can be profitable but extremely risky to trade against the daily uptrend. Use a 4-hour or 2-hour chart to get a better entry on the pullback.
