I like the recovery we have seen in the Euro in the past few days and although it will be choppy I believe that EUR/USD will continue to push higher.
Draghi continues to try to talk the Euro lower, but the lack of real action should continue to support the Euro. The economic data from the Eurozone continues to be supportive (recent flash PMIs and German Ifo better than expected).
I have placed my stop at $1.3779 (40 pips) which is below the recent low at $1.3783
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