Technical analysts at Citigroup are recommending EUR/USD longs at current levels with an initial target at 1.3711 and a stop at 1.3385. They see potential gains to 1.4800, which is the measured target of the double bottom.
Separately, they said to exit EUR/CHF and GBP/CHF longs they had entered previously with small profits.
After the FOMC yesterday, I posted a similar take on EUR/USD.
