FXstreet.com (Barcelona) - The Euro reached all-time high at 1.5905, and bounced back afterwards, Nicole Elliott, senior technical analyst at Mizuho Corporate Bank, advances a consolidation session for today: A massive 'doji' yesterday at a new record high of 1.5905 suggests we shall consolidate below here today. Interestingly the Euro has given up very little room really therefore it is still very overbought. Concerning strategy, Elliott advices: Attempt small longs at 1.5775, adding to 1.5600; stop below 1.5520. Short term target 1.5900/1.6000.
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