It has nothing to do with technical, nor Fundamental. Market moves based on emotion, as simple as that.
Intraday only.
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Re: EurUsd short term 15 replies
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DislikedCan we say this move is due to Fundamental theory ? Yesterday eur was fundamentally very weak, and today fundamentally strong currency.Ignored
Disliked{quote} short squeeze anything more - details set at the closing of the gap and short but the big boys hunted above to SLIgnored
Disliked{quote} Agreed, I know it is due to lack of selling at important res. level. But I am surprised and where the fundamental theory has gone ?Ignored
DislikedDo not be surprised the fall of this currency by 200 pips tomorrow when The news hits wires about Greek default. ha..ha..Ignored
Disliked{quote} Don't be surprised when it just stays there where it is ... for another SL run.Ignored
Dislikedof course the gap will close... always does.. I am extremely bullish on the euro.. everything soon to be resolved in a unified ECB agreement. Strong growth expected in Greece soon. Turkey has been signed up to Eu after todayIgnored
DislikedCan we say this move is due to Fundamental theory ? Yesterday eur was fundamentally very weak, and today fundamentally strong currency.Ignored
Disliked{quote} You are looking in the wrong place....we are trading a one off risk event. No more no less. There is nothing fundamental in play for the risk play (maybe late this year if we get some contagious impact [not really expected for now])....sisseIgnored