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this is what I see after a some kind of a pullback off that possible resistance now - big news this week so they will probably give more conviction as to where euro will go next but overall dollar has weakened across all pairs (so I read ) and there is a lot of room to the upside
it may be time for euro to rest a bit in a deeper pullback but overall still bullish:
Will see what news will bring tomorrow...
additionally I was a bit chuckling when I saw this reuters forecast on 11th April as I didn't think the euro would pick itself up at that time: screenshot from 11.04.2015
yes. I want to see if the guys in london will accept the direction from Frankfurt and this sets up at least the morning (move off open with a reversal) if not the tone for the New York session (trending).
we may back off and rest for a bit but we may still be knocking up, additionally some news tomorrow.
I honestly thought that NFP would be tomorrow but it's on the 8th May (2nd Friday ?)