Commerzbank Doubles Down On EUR/USD Shorts

EUR/USD has rallied strongly higher to test the 55 day ma at 1.3699, notes Commerzbank. “We note the 13 count on the 240 minute chart and the TD resistance at 1.3741. We also note the Elliott wave count is suggesting this short term rally higher is nothing more than a correction – we should the…

Original post: 
Commerzbank Doubles Down On EUR/USD Shorts