watch out for EURUSD parity later this year. We will have similar move to Gold in April- the biggest % decline in history. Why? The only buyer of EUR since the last 2 years is... swiss national bank , i mean via printing currency out of thin air. People who hold francs... get ready! all the speculators are shorting,while robots are losing on both sides. when 1.27 will break and eurchf will break. oh my, it will be fun!
1.3040? yet another fake rally. retrace to 1.2970 today is 100% certain. well, the market never been so predicatable!
i told ya! just short every 100-150 pips "rally" and buy every 100-150 pips "crash". SNB guarantees that the price cannot move much more than that.
The 85-days moving average is a great support / resistance from August 2012. Here we can return short EurUsd.
1.2955 screaming buy! there is nobody besides quants who will ride this move down. and SNB must buy euros no matter what.
LOL, its probably the end of the "trend" and now back to reality = falling down. 1.3040 is maximum where price can go.
just wait till 10:30 am, all algos must buy this rally. from there, no other possibility than reversal to the downside. Short at 10:30 am no matter what price! target 1.2960!