The euro has been stuck between a rock and a hard place for over 5 weeks - that is until yesterday. As expected, the Euro rallied through 1.3050 with a strong bullish candle. This is a classic breakout (see chart) which should now follow the classic "retrace to resistsnce-turned-support" before the next rally. Watch for a dip to 1.3050/80 now and BUY, stops under 1.3020. the next stop is 1.3150 and then 1.3300. See you at the top!
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