EURUSD - Still waiting for an Up Break

5 พ.ค. 2014

I am still waiting for an up break, at least before the ECB monetary policy meeting from Thursday. Even though the Euro got pretty strong for the European economy to be handling, nobody seems to be interested in the US dollar. On a short time frame, I would see a break above 1.3890, followed by a 50 to 60 pips rally.