Happy Friday Traders,
The dollar continued with the recent rally even in the wake of better than expected UK Retail Sales. We are looking for a continuation into the next 24 hours, setting up a nice finish to this weeks rally. We still see risk ahead of the weekend as were sure to hear more about Greece and the IMF. We are looking for good entry levels to long the buck. With the euro setting a lower daily low, we are now looking at 1.3400 as the main level of resistance, followed by 1.3450. Plenty of important people speaking throughout the day and we will have some data out of the US to help with the price action.
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