could be much like they reacted to germany gdp .. which was off the charts .. they sold the strength right away , hammered it in fact.
DislikedI think the EURO PMI numbers will be very good. Germany's economy is booming and not only did their GDP largely beat expectations but expectations for future GDP has been increased by one full percent. The last PMI numbers were very good as well.
I am short the EUR/USD from 1.29 with my initial target at 1.25 and I am hoping as well that since we have broken below the neckline of the head and shoulders that lossess will accelerate and that we will reach 1.25 before Friday despite good numbers from the EUROZONE.
I am curious...Ignored
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