“The dollar is poised for its longest winning streak against the euro since 2000.”
“The bear market has broken.”
“The U.S. is posting decent growth numbers, certainly better than in Europe.”
“The dollar still has room to move up. It could accelerate in coming weeks.”
All the above sentiments plus a signal in my technical chart prompt me to continue selling euro at 1.2545. However, the opened position currently makes a loss of 45. I already have a stop-loss level in sight in case the position deteriorates further. But it would be wiser to keep the position overnight in order to recoup the loss and possibly make a small profit in the end. Still positive.
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