EUR shorts, stay away. Poised to bounce back to 1.0600

FX:EURUSD   Euro / U.S. Dollar
83 2 1
Look for a bounce off the trendline and another leg to the upside. Will watch to re-short around 1.0600.
Do you still think it will fall down till 1.05 ?
simonsays452 the_Architect
Unfortunately, Weidsman was more convincing behind the scenes than most believed. Draghi, has sparred w the Bundesbank before and while he's lost battles, he won the war (Full blown QE). We'll need some decelerating data before we we can start to dust-off the 1.05 playbook.
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