EUR responded to the ECB and FED reaction not so fast but with slow and strong gains with absolutely no pullback adding 700 pips for 2 weeks, reaching on friday 1.3167 and then made some 70 pips pullback which was the biggest within these two weeks of constant gains. The dollar gave up at all it is extremely oversold, but who cares. Everybody wants more profit. We have a resistance level @ 1.3240 (though some analysts say 1.3200 will stop the upside) and next @ 1.3270-1.33 where the long waited correction will take place. Its possible that correction to happen before, so be sure to catch the moment. First strong support is @ 1.3030, next @ 1.2920, on stronger profit taking we may go to 1.2840 but i don't think. Use any drop to 1.3030 or a little bit below to buy EUR. Current upside trend may be destroyed only below 1.2800 daily close.
GOLD currently trades @ 1774 and is prepaired for 1788 attack, 1788-1800 is a stron resistance area, it's possible to have some 70-80 USD correcton, use that to enter LONG again.
MY positions for today:
Small LONG EUR @1.3120 TP around 1.3190 SL 1.3100 (active)
LONG GOLD above 1770 TP 1784-85 SL 1764