Hello traders!

The eur/usd is flying indeed. After taking a small
breather last night it took off again, making me and
my account happy.

Carefully now… the price is reaching the 1.3800 area,
a strong resistance point for now.

Of course we stay long, but today is Friday and on we
must watch closely now. A clear break of this
area (1.3800/50) on Monday would probably open the way
to 1.4000.

In case the price is not able to break to the upside we
would surely see a nice retracement soon, as I already
pointed out earlier.

Gbp/usd broke the 1.5800 today again. Like I said, we
still have to focus on longs here.

Having said that of course, this pair is struggling to
give us a new high, which means that we have to be
careful and expect a retracement if 1.5900 cannot be
broken.

For now enjoy your week,end and relax a bit, the markets are not going anywhere.

See you soon,
Nikos