FXstreet.com (Barcelona) - The Euro has bounced back from support to explore higher levels, Nicole Elliott, senor technical analyst at Mizuho Corporate Bank sees the European currency holding current positions: We should hold above here again today. The Euro is not overbought and momentum is just bullish. At-the-money implied volatility should hold around 9.00%. Concerning strategy, Elliott affirms: Attempt small longs at 1.4750, adding to 1.4675; stop below 1.4600. Target 1.4850.
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