LONG EURUSD - MONPOL/ MACRO CONVERGENCE & TECHNICAL BREAKOUTEUR$ LONG:
1. Daily support base formed ABOVE previous channel highs at 1.17
2. Fundamentally driven breakout on Friday (draghi vs yellen sentiment) should provide continued bullish EUR within the supply/demand complex.
3. Broadly eurozone crisis discounting contoinues to be faded out of the market. I expect RM names to begin pricing the ECB/FED convergence NOW given its around 12-18m away from ECB official monpol tightening (this is the same time the market priced FED hiking back in 2014).
RISKS:
1. DXY support - WATCH 92 handle closely. ADD EURUSD LONGS IF we get a good breakout below 91.7
