Up move retracement then the Bears will eat the Bulls

FX:EURUSD   Euro / U.S. Dollar
The upcoming weeks will put selling pressure on EURO             zone, due to the lack of stability (Greek issue)
The main bias is still bearish , but there is a short term opportunity to gain some pips from the fake bulls run.
Take it with a grain of salt and remember to setup a very tight SL
Nice going mate
+1 Reply
IvanLabrie IvanLabrie
Time to long gold/silver.
+1 Reply
Bomb dropped, TP reached, thx for this pre-summer cashout ;)
bullish retracement done, let s see if the fake bull run will stay in place for another 24/48 hours, then the bears will show their power and the EUR will probably drop to darkness.
+1 Reply
IvanLabrie XLaboratories
Check out my USDCAD chart, also this one:

EUR can remain strong vs other currencies that are even weaker, but ultimately all currencies are in a race to see who devaluates faster vs the dollar, in the long term.

Would be interested in seeing gold charts by you my friend.
I always look at it and crude oil as well as stock market indexes and corn to gauge currency relative strength.

+1 Reply
XLaboratories IvanLabrie
nice TA mate, I will put my brain into gold to see if I can find some good correlations. have a nice and profitable week my friend.
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