Alright, I'm finally getting into this EURUSD action before NY session really gets going. Saw some decent bearish momentum and the RSI is super low, so I'm opening a short position around 1.1740. My target is the 1.1720 support level, and I'll set my stop just above 1.1760 to be safe.
Actually, I'm a bit worried about this short. That 1.1720 level looks like it might hold, and the news about Iran is making things super volatile. If it breaks through 1.18, I might have to rethink this whole setup. Fingers crossed it goes down though...
