The euro is consolidating between 1.22 and 1.23 after its recent bullish move from 1.1930 to 1.2296 since last Thursday. Last night, we had another buy order opened during the Asian session, which ended up with a loss.  It was an attempt to move higher and it did break above…

The euro continued to press higher today and the buy order opened earlier today during the European session closed with a profit. The strategy can be found here. The latest result can be found here.

The euro soared 100 pips or so from 1.1945 to 1.2045 on the ECB’s positive meeting minutes and outlook. The EUR/USD was near 1.2050 before the momentum ran out.   The ECB’s meeting minutes helped push the euro higher today.  The document indicated that the policymakers were very confident about the…