In this video I explain why I have decided to close my EURUSD longs for the mean time. The main reason for that is there seems to be some contradiction between the EUR and the GBP along with the USDX. The GBP and the USDX seems to be synchronous while the EUR seems to be out on its own which could mean that our interpretation on the EUR could be inaccurate. I will wait for the market to dictate the true course of the EUR in the short term. I would like to state that our long term interpretation is still valid and we have no reason to change any of it at this current point in time.