Long EURUSD (Tight Stop)
The EURUSD Managed to break above its key resistance level of 1.37 and has since then continued its northern journey on the back of hawkish comments by central bank members and the bullish technical pattern that the pair has managed to paint. Indeed, I am long from 1.3712 and will look to target 1.3860; stop at 1.370. It is worth noting that our speculative sentiment index now stands at -2.50, providing the contrarian signal to remain long. Focus now shifts to U.S. GDP, which will be released tomorrow at 13:30 GMT.
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