EUR/USD runs stops, says “boo” to the 200 dma then runs away giggling
That’ll teach me to try and grab some chow before the FOMC minutes. 1.3635 the low as stops are tripped through 1.3650. A common flush ‘n’ run by the looks of it.
EUR/USD daily chart 21 05 2014
I fear the euro is going to be more susceptible to any dollar moves than perhaps cable.