a pull back might occur to form a reverse head and shoulders, leaving no headcuffs on collars up until 1.0780, 1.10 and 1,1165 at highest. Short term strengthening DXY might be a bullish trap. Without no interest rate hikes the US dollar must not around between here and 101,80... That's a clear head&shoulders which imposes a down-side reversal back to 95s... Goodies oldies...
By the next US Non Farm Payroll on 3.3.17 we must see DXY down about 95s and EURUSD up, close about 1.12s...
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mainanc
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1.10 is on its way in about at the beginning of May most probably after a second low performance of NFP in a row...