Article originally published on innerfx.com and republished here with permission
Good morning. The euro and other risk-sensitive currencies gained more ground since Tuesday and it’s likely that they would continue on the same path in the coming days.
Market sentiment: intraday – bullish, short-term – bullish
Potential trade strategy: to buy either on break of 1.3150 or on a pullback to 1.3050, target at 1.3250+
EURUSD daily 10-18-2012