EURUSD took a good dip and touched its target at 1.4630 and after that is taking retracement and perhaps gathering some breather to test 1.4630 level once again.

Break of 1.4630 will really setup long term selling for EURUSD and we might see long term traders holding positions for larger targets around 1.4350 level.

Currently we see good selling opportunities in EURUSD and first such selling levels are seen just above 1.4725 level and second selling level are seen around 1.4800 level.