I think we see a bit of sideways action then lower. The EURUSD is heading back to 1.41. It was just way overblown on nothing.

EURUSD

url Forex swaps with ECB total $500 million - NY Fed NEW YORK Aug 25 (Reuters) - The Federal Reserve provided $500 million of liquidity to the European Central Bank in the latest week via its swap lines for foreign central banks, the New York Fed ...

EURUSD

I am still short from 1.4480. If we can break 1.4390 we should be good for another 50+ pips.

EURUSD

Maybe on the next pullback we can break that support around the 1.4389 range....

EURUSD

Long trap IMO

EURUSD

In my book the neg EUR numbers with the good USD numbers this should move south today.... not seeing that so far.

EURUSD

Watching for that durable goods news, strong numbers could make this thing plummet.

EURUSD

The fact that the EUR/USD could not even get to 1.4438 is extremely bearish in my book.....

EURUSD

I expect over the next week we will see 1.41ish

EURUSD

I expect the EUR/USD will run today. The lack of news should move it up. Tomorrow as all the news comes out we will see a big pullback... IMO

EURUSD

German Leaders Reiterate Opposition to Euro Bonds url So what do you think, do you see this as good or bad(short term) for the EUR?

Daily candle chart