SwingAndPip
Long

Currency Wars

FX:EURUSD   Euro / U.S. Dollar
176 0 3
After the Fed's Dovish statements, we can expect the Euro             to head higher as the US economy is not ready for an appreciated USD. Draghi has limited ammo left so I doubt we can expect more downside. The only risk we have is upside risk from a dovish Fed and poor data. October is relatively light on data so I expect our USD valuation to correct since fundamentals do no support such an over valued dollar. It's been long over due for a correction as long as we retake the 1.2716 level I am confident in a long position. Else, if prices drop below the 200 look to sell higher.

Entered at MKT with limit and stop on screen.
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