Euro/dollar finally broke out and made a very impressive rally, rising more than 300 pips. The second Greek bailout was agreed upon, and the euro shrugged off the long list of doubts. Has the euro turned a page, or is this a rise before the fall? The highlight of the upcoming week is the second LTRO by the ECB, in which banks will get more money. Here is an outlook for the upcoming events and an updated technical analysis for EUR/USD. Greece still needs to pass 38 demands by the troika until the end of February. That’s Wednesday. The Greek parliament was quicker with igniting the bond swap. Regarding this, the ... (full story)