Article originally published on innerfx.com and republished here with permission
Good morning. The euro keeps climbing higher, flirting with $1.300 on Greek optimism. Bernanke’s speech is today’s notable event
As seen on the chart below, there are no important barriers up to around 1.3130 which is the recent top.
Market sentiment: intraday – bullish, short-term – bullish
Potential trade strategy: to buy dips at 1.2950, target at 1.3050+
EURUSD daily 11-27-2012