Dollar’s hot, euros not. Sell commodity currencies.

EUR/USD: So with the final pop up, spiking above the 55d ma band theeight and a half day long correction finally came to an end. The up-thrust peak/bearish engulfing candle/key dayreversal sell signal has now set a move in motion that isexpected next to bring the pair down to 1.3104/1.3049. Areaction back to the mid body point of yesterday’s candle,1.3488, should be used selling into.