We saw a drama last week Thursday at the ECB monitory rate and policy release where EUR took a sharp turn around against many trader's views. As the QE button has been pressed, we watch the direction of the pair and see a possible trading setup we can get.
I will wait as market opens and see the price break key zones and retest them with rejections and signals before i can take an entry on EURUSD. I am not hopeful for more upward push, rather i am looking forward for more downward move which may not be an aggressive one.
I feel there is still strength in EURO while USD is strong across the board.
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