Greetings.
Let’s take a look at the EUR/USD chart.
Many analysts think the bull run is over for the EUR/USD and last week it certainly looked it was unfolding that way.
After taking another look, it seems the EUR/USD does potentially have another push up in its longer term future – at least to test the high from early May 2011.
The pair looks to be setting up for a shorter term retracement down, but once that completes, look for the upward potential movement.
Good luck with trading.
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