Pls apply your own trading and mm rules in any case. Cheers!
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From the news side all good news for euro already pumped in and imho it is time to get rid off longs. I can be wrong as well, but it is market. Only time will show anyway. Cheers!
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1.1345 is the last fort. If taken on daily close basis then it is very sad for bears.
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In fact we can sell this setup only if market trigger 1.1260 to the downside...
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Something crazy going on with market attitude to the money supply. More money in the system push currency higher while it must devalue it. It is a sign of to reduce positions and to trade against crazy moves on key spots from my humble view. I will wait for significant correction first in fiber to decide any buy side. Cheers!
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Merkel decided to step out ... May this is already bearish for fiber? LOL.