Maybe I had too much fun playing this pair the other night. However, I still see it bearish against backdrop of such low percent dollar bulls.
Some other FX traders think Eur/USD could shoot to 1.49 out of a bigger rising wedge.
That would shoot the SPY up 3 to 5%. No time to get complacent unless you are sitting in cash. Ouch...which cash? Is there no safe place left?
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Insightful and Useful Comment!