Dollar squeeze continues
The EURUSD has continued the squeeze higher. The pair moved to another high for the dayafter consolidating for an hour or so in NY trade. The.market is short and as a result it becomes sensitive to good news. If Greece is thought to come to an agreement, if Consumer Confidence is a touch better, if stocks move higher, if a trendline is broken - all have the potential to move the price higher with a short market. That is what we are seeing.









No Responses to “Dollar squeeze continues”
Add a comment