The euro has almost erased the entire swoon since Trumps election
The latest bid in EUR/USD tripped stops above 1.1250 in a quick move up to a session high of 1.1264. It's the fifth big move higher in six days.
The election high intraday high was 1.1300 and that corresponds with a series of resistance levels up to the August high of 1.1366.
it's been a great run for the euro but the low-hanging fruit has almost been picked. That doesn't mean it won't continue higher (if not much higher) from here; it will just be choppy.
But the trade is looking increasingly like it will be to buy the dips.
