Just have to ask. You are all short long-term?
I have been expecting a retrace to 1,36 for a few weeks, but it wasn't there. According to my charts, we have a very nice breakout of the triangle, and now a bullish continuation pattern.
I do agree with you that fundamentals are catastrophic, also the stock markets rally in the last few months has surprised me. But still, it seems it could continue (even tough it shouldn't).
I have been expecting a retrace to 1,36 for a few weeks, but it wasn't there. According to my charts, we have a very nice breakout of the triangle, and now a bullish continuation pattern.
I do agree with you that fundamentals are catastrophic, also the stock markets rally in the last few months has surprised me. But still, it seems it could continue (even tough it shouldn't).
Greed and impatience are our greatest enemies.