Old teflon doing what it does best, leaving many scratching their heads why it’s going up.
We’ve busted resistance at 1.3610 for a whopping 7 pip gain.
EUR/USD daily chart 08 07 2014
There’s a way to go yet but the techs around the 55 & 200 dma’s at 1.3673/81 and the 2008 resistance line and old 38.2 fib at 1.3689 does look enticing for a short.
