EUR/USD is bullish because everyone is bearish
Two bullish cases -
1. everyone seems to be on the same side of the market i.e. the short side
2. QE in Europe should attract funds to the European market which will increase the demand for EURO.
1. everyone seems to be on the same side of the market i.e. the short side
2. QE in Europe should attract funds to the European market which will increase the demand for EURO.
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