Possible Euro Long?

14 déc. 2016

I dont think this pair is going to parity for now (but what I think really doesnt matter). To me, the path of least resistance seems like its to the upside. Depending on what the feds say today in their forecast outlook (2 rate hikes for 2017 maybe still kind of dovish and not aggressive enough) will determine whether this Pair breaks 1.04-1.05 area or uses it as support. Lets see!!!