EUR/USD is bullish because everyone is bearish

FX_IDC:EURUSD   Euro / U.S. Dollar
180 2 5
Two bullish cases -
1. everyone seems to be on the same side of the market i.e. the short side
2. QE in Europe should attract funds to the European market which will increase the demand for EURO             .
Agreed a pullback/rest is due but after that we should see the EURO should resume this new trend up.
seine GarryBartsch
That's exactly what i am waiting for :)
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