Take profit on the EURUSD position at market (1.0770): EURUSD entry order The market seems set to remain choppy so cutting the position seems sensible
Take profit on the short EurUsd position at market: (1.0600) http://fxcharts.net/trade-idea-date-15-feb-sell-eurusd/ Square up the short Euro position at flat. The short term indicators now seem to point a little higher.
As a longer term view of the direction of the Eur/Usd, I think that this week is likely to be pretty much a “wait and see” affair, with liquidity probably remaining quite thin as traders are unlikely to want to become too involved ahead of the US jobs data, due on Friday (exp 4.7%, +175K).
Beyond that, looking into the first quarter of 2017,