Long needed correction of the pair is a fact now with the help of Dragi of course. "ECB will do everything to support the EUR and that wil be really enough" - these words made EUR crazy with a jump almost 200 pips for nearly 2 hours. The day closed higher too. For today i'm expecting test of 1.2326-30 again and a touch of the resistance zone 1.2360-70 and then reverse to 1.22, because to the upside we have a strong resistance zone, and to the downside we have no support line near.

As i've said on GOLD the narrow range consolidation almost always ends higher, so i hope tha you have made some good pips on GOLD with my long entry @ 1580. On GOLD enter LONG only if 1621 is reached again, but with a tight stop. You may sell if we fall back to 1600 and cannot return above 1605, but again with a tight stop - markets are very nervous, be careful.