The U.S. dollar’s pullback has broken below the 81.00 level and this has allowed the euro gain against it in a second day of strength for the single currency. The question is how long will the bears hold on amidst the rally from 1.2625 and does today’s break of the 20 period SMA close mean that the bears may be gaining longer-term control. The daily EUR/USD has rallied to the swing short zone that is between the 20 period SMA close (aggressive) and the 34 period EMA low (conservative) all while traders ponder what the odds are that the IMF will get an additional $500 billion to begin lending out (the U.S. has opted ... (full story)