EUR/USD is approaching the 1,35 mark. It is nearing the upside of a channel that is formed by 2 bottompoints at 1 May 2004 and 15 November 2005. The top in the middle was at 1 Januari 2005. Inside this channel the pair moved bearish until this 'medium' trend was broken at 1 Januari 2006.
So : "sell in May and go away"?
So : "sell in May and go away"?
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