FXsrtreet.com (Barcelona) - The Euro continues with its upward moving trend against the Dollar, although, according to Nicole Elliott, Eastern European currencies are doing even better: All very exciting as we set another new record high at 1.4349 but note that Eastern European currencies are doing even better, the Czech koruna at its strongest ever against the Euro. Futures positions still need re-building and the Euro is surprisingly not overbought. Concerning strategy, Elliott advices: Attempt small longs at 1.4320, adding to 1.4245; stop below 1.4130. Target 1.4400 then 1.4550.
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