Disliked{quote}i can almost guarantee you it will touch 100 in q3, i think this is a technical move to take out stops above weekly swing high so i reckon 106 first also if people are dumping treasuries then this makes the yields go up and the dollar look relatively more attractive, no ? edit- also starting to scale in buys on GU 1.2413 for 50 pip targetIgnored
I find that no matter what, you can always come up with a rational for an asset, especially currencies, to go up and down off the back of the same dataset.