FXstreet.com (Barcelona) - The Euro continues appreciating against the Dollar, reaching a new high at 1.5231. Nicole Elliot, senior technical analyst at Mizuho Corporate Bank affirms: Doing well but not as well as the Yen, Swiss franc, or Eastern European currencies. Having reached a high at 1.5231, just under our first target at 1.5250, we shall allow for consolidation around this area today. Strategy wise, Elliot advices: Possibly attempt tiny longs at 1.5175, adding to 1.5100; stop below 1.4950. Short term target 1.5225/1.5250 where we feel some decent consolidation is needed.
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