The Euro is getting pressured by the rally into the USD which we expect to see continue. There are a lot of buyers that are lined up to get squeezed back out of the action so a lot of fuel for the move lower. Expect that price will hold below the 1.1793 zone so happy to short on a push below 1.1766. See how this plays out...if he action goes to plan then we expect to see a good squeeze down to 1.1620.
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