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EUR/USD likely to squeeze higher

http://www.fxstreet.com/news/forex-news/article.aspx?storyid=4bd9dfb6-b1e6-43a6-86d5-80e7fffc6157 www.forexatom.com

Forex Flash: EUR/USD likely to squeeze higher - RBS Intraday price action set a new 7-week high for EUR/USD today, pushing above resistance at 1.2475 (61.8%, 1.2748/1.2042) and stalling just 10 pips shy of the 1.2500 psychological figure.

EUR longs bail-out yet again: CAD outperforms the rest The highlights from overnight were that US CPI came in slightly below expectations, UK employment improved slightly and the CAD outperformed the other majors in relatively thin trade. It will be another quiet day on the Asian economic calendar. EUR/USD triggered stop-loss sell orders below 1.2310 in...