US dollar strength is the main factor for the next four to five months [ 1st quarter ] as indicators show that FED may rise or talk about
rates . The important thing is risk will increase as good news will improve dollar and US markets act in opposite direction as US companies will be facing exchange rates difficulties . So the EUR/USD in short term is strongly bearish 1.20/1.2340 are good levels to buy EUR . British pound in the same way until 1.5740/53 to go back without forgetting BOE may rise rates sooner …
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