EUR-USD Very Short Term Update
EUR/USD is sporting a nice bounce in a well behaved manner in an uptrending channel. May be we do get a bounce on US equities Wednesday morning. For past couple of weeks, currencies have mantained the trend that they have in first few hours of the Globex session. Given this EUR/USD should keep melting up, but should soon run into resistance near the intra-day highs of Tuesday at 1.3930 (60 pips higher from where it is right now)
