Euro to recover some losses before turning bearish again
Euro is looking a little overextended to me. The bigger picture is still bearish IMO but a healthy retrace is due. The gap at the start of 2015 needs to be closed and the weekly support now turned resistance is in the 1.2040 area.
I am looking to initiate longs in the 1.1340 area for a +-700 pip rally
I am looking to initiate longs in the 1.1340 area for a +-700 pip rally
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