A quick dip to the 1.3683 level blew some of the froth of of EUR/USD but the quick bounce back is a relief to the bulls.
I like range trading this pair for the near-term so long as prices trade between 1.3650 and 1.3750.
Longer-term, squaring longs on rallies toward 1.3735 (61.8% of 1.4280/1.2860) remains my core view…As ever, I caution against fading strength while the market is still in an uptrend.
