EUR/USD - Maintaining The Buy Stance - 6/7/2016

FX:EURUSD   Euro / U.S. Dollar
53 0 4
Yesterday's Yellen appearance hasn't been able to dampen the Euro             spirit and that tells us that a trip to 1.1500 and above is coming. We maintain the sell US dollar             stance mentioned in previous trade idea. Out of those trades, AUD/USD             is now almost approaching the target. AUD/CAD             hasn't been able to fly that well but we will keep it on a tight leash because of possible oil             breakout above 50.
Until something changes significantly, we are dip buyers in EUR/USD             .
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