EURUSD due for some retrace

EURUSD (1.2820):

EURUSD has take a very good and continious dip for the last three days. Although its trend seems to stay the same way and we might see EURUSD going towards 1.2700 level, but it seems that some retracement is due for EURUSD and before taking further dip, EURUSD might look to take some retracement towards 1.2930 level and the retracement might even extend above 1.3050 level.

Traders, especially who are not currently in trade, will be hoping for EURUSD to take some retrace and Sell it for targets around 1.2710 level.

Trade:

Sell EURUSD @ 1.2935 (Sell again @ 1.3075 if needed) for Profit Limit @ 1.2710 and Stop @ 1.3120