Euro Could Be Threatening A Break To Fresh Yearly Highs


Forex Daily Analysis 7th May 2014

The Euro has been well bid in recent sessions and could be threatening a break to fresh yearly highs. However, any gains are still see well offered into the 1.4000 area and I wouldn't be surprised to see another topside failure ahead of a resumption of the longer-term downtrend off of the 2008 record highs. 

Don't get sucked into Euro gains. @jkonfx

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