EURUSD: Trying to break out, needs DXY to break 97.3 to confirm
EURUSD: The Euro is trying to break to the upside again - but it needs confirmation from DXY to power ahead from here. DXY has to break below 97.3 to let Dollar bears run riot again from here. Keep an eye on it. It should be defended in 97.43 to 97.33 range by last dollar bulls. If/when 97.3 is broken it will effectively say that the Dollar has lost its last friend and defender...that is the point (if struck) to get heavily short USD and the point to increase long euro positions