Hard to get bullish on a currency when a central banker from that country says the policies being pursued by his central bank won’t work…EUR/USD reached 1.3642 after Fisher and after the Greeks passed the property tax. US equities are adding to gains, up 2.7% on the day.
A close in this neighborhood will target a rebound towards the 1.3800 area in the days ahead. Sellers await in the 1.38/1.3850 area, traders say.
