I don't get it... Bad news for the Euro, causing the price to go up...?
Not a big fan of the MFI, but I do think that price will be going up when the market opens. It will probably test the 1.2688 resistance and only if it breaks that, it will go to 1.27 and higher. If it doesn't, I'm taking a short...
Seems the EUR/USD has hit the 1.26880 resistance. I'll wait for the news breakout before taking a position.