Last TWO NFP-s (& three months) looks like market shakeouts- accumulation and trapping short sellers...
I know this is one of the common charts of EURUSD. But when I look at EURNZD, AUDJPY, EURJPY, GBPJPY- AND Over the same period The dismal performance in USDCAD and USDSGD (for example no supply in USDSGD but no Demand either (price is not rebounding upwards like a surge in USD should. I'll try and post more analysis over the weekend- But IMHO the EUR is in a continued uptrend.
