What a great currency to trade. No violent retracements - only consolidation before the next upsurge. It seems that the EUR has bounced on the .382 retracement level accompanied by a significant falling wedge which confirmed the imminent breakout.
We will continue to buy dips
The Trade Balance and Jobless claims in the US might have an impact as the guys in euroland seems to be little concerned about the quick appeciation of the euro...
Disclaimer: All statements and expressions in this analysis are opinions, and not meant as investment advice or solicitation. Forex can be volatile and opinions may change without notice
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