That should do the trick then…EUR/USD at 1.2511 after reaching 1.2524.
On a side note, which are the scariest kind of rallies? The one’s that are not easily explained. I think that’s one reason why today’s rally is pretty strong.
Look to buy dips to the 1.2450 level for 1.2700 with a stop below 1.2400…This is a bounce from the 50% Fibo of the life-time range in EUR/USD, and should not be trifled with.
