By: Bradley C. Smith
Good and bad news gives no clarity for today's direction for the EUR/USD, we must turn to the technicals to see where they will take the pair today. Bollinger Bands, Full Stochastics, StochRSI and even the conservative RSI are all above their centerlines. With the first three indicators flying high the sentiment will likely swing down today from it's extreme high levels.
Confirmation of the daily chart is what the more detailed three hour chart offers us. The soaring sentiment will rush into retracement mode when the big U.K. and U.S. sessions inflict their will upon this pair.
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