Disliked{quote} I'm using word "sure" in relative terms of course.. Sure enough to put money in it 3700 is far away, and yes - it needs a breakout after the next breakout to get there, but with all HH's and HL's in last 14 months and ongoing surge I would say that to continue higher is more likely than moving down from here (2740-3410). If yesterdays lows gives, 320x would be the next place to bet against the 3185, but I would rather wait for 3130's for that. Will see how others positioning against the dollar.. UJ was much better trade latelyIgnored
As for U/J being the better trade, I fully agree.
In fact I think any other pair has been a better trade than the Euro lately
Regarding Higher highs and higher lows, I am a contrarian trader, so the more I see higher highs and higher lows, when I see no fundamental reason for it, the more I am ready to sell the fresh highs.
Those who say it cannot be done should not interrupt those who are doing it