DislikedWhy EUR going up ?
US datas are fine than should be US going stronger vs EUR !!!!Ignored
DislikedI cannot discount your reasoning because I simply don't know. However, this is how I see it...
In simplistic terms, here is an example...
1. The market is short the Euro and there is no letting up because things are really bad. So after 1 month everybody is still short.
2. The reasons for being short are still there but the bad news is all out so there are no new sellers jumping in. Also the technicals are really stretched which further provides disincentive for shorting more.
3. At this point the downtrend stalls...Ignored
Those who say it cannot be done should not interrupt those who are doing it