quantguy
Long

China fears bolster the Euro

FX:EURUSD   Euro Fx/U.S. Dollar
Following logic from my linked post on Commodity Currencies such as the AUD, we can expect attention on the Euro             as a safeguard. In fact, EURUSD             is picking up as I write this post. At this point, I'd wait for a dip entering a trade, as a brief retracement is inevitable. However the MACD indicates a bullish turn, the OBV is showing increased bullish pressure and the RSI indicates we are still a go.
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