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AdrastusFx
Apr 21, 2016 10:32 AM

EURUSD short squeeze happened staying long Long

Euro Fx/U.S. DollarFXCM

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too early for EURUSD to swing back lower, looking for new high potentially 1.149~ before looking to short longer term back to 1.09~ watch resistance arc, EU is in mid term consolidation since draghi said no more cuts and less QE, we'll have to wait and see how the ECB changes its stance on monetary policy, for now i'll stick long and wait for a clearer overview of monetary policy from the Fed and the ECB, not much expected to happen for the next few months as the effect caused by changes in monetary policy on both sides needs to be measured and asessed,
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