EURO: UPSiDE To Go

Afternoon amigos,

I am seeing an over-whelming amount of traders who are willing to short eurusd at the start of the market opening come Sunday, from what I've seen.

I would hold off on your shorts for now, it's not going to drop - just yet.

I've looked at some charts, and for the most part it is bearish and has to drop but there is a narrative that is in play.

I am expecting to see further upside movement on foreign currency, and weakness within the Dollar.

I'd like to see 1.19 - possibly even 1.1940.


GLGT