EUR has reached all my 3 targets for the long forecast scenario from yesterday, bulls have gained power again and pushed the price in the sky. All charts are bullish and do not give any signs of reverse. This means that a new top is going to be made. The question is how long this would continue and what price will be reached. We are currently above MA200, and any weekly close above will open the way for 1.40- 1.41, but i think that even the current price is too high and soon the baloon will explode with the sharp price fall down to 1.3170 at least. For today target is 1.3626, if not reached a pullback may occur to 1.3480.
GOLD has broken 1670 following the rising EUR price and now the next target wll be a Daily close above 1686, this may start a GOLD rally with targets above 1700. Go SHORT below 1665.
LONG EUR above 1.3555 SL 1.3540 TP 1.3620
SHORT EUR below 1.3630 SL 1.3640 TP 1.3550-60
LONG GOLD above 1686 SL 1680 TP 1696-1700 and above
SHORT GOLD below 1665 SL 1670 TP 1646 and below