EUR/USD: Roadblocks For A Continued Surge; What's The Trade? - Danske

[Peter]

Danske Bank FX Strategy Research notes that sentiment towards EUR/USD has changed as the recent surge has been driven by political risks reversing and by euro-area growth and equity outperformance.

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[Marian Median]

You have a vacant position and the market's not going your direction. Possibly you could make it up with an exchange or two that don't fit with your trading plan. Only a couple couldn't do any harm, isn't that so? "Revenge trading" rarely closes well. Try not to let feeling impede your arrangement for fruitful trading. At the point when you have a losing exchange, don't bet everything to attempt to make it in one shot; it's more astute to stay with your arrangement and make the lost back a little at once than to abruptly end up with two devastating losses.