EUR/USD – Short squeeze extends, can it close above 1.1275?

  • EUR/USD hit a high of 1.1294 earlier
  • Impressive rally from the overnight low of 1.1096
  • Market was caught short as Grexit worries didn’t spark a run to safe havens as some expected
  • Techs suggest a daily close above 1.1275 would confirm the double bottom on the hourly chart and pave the way for a test of the 1.1370-80 resistance area

The post EUR/USD – Short squeeze extends, can it close above 1.1275? appeared first on www.forextell.com.

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