After what seemed an eternity consolidating between 1.42 and 1.50, the EUR/USD *finally* broke resistance over the 1.50 this past couple of days, reaching all-new highs.

Who says the crumbling dollar is bad news? Not traders who've been on the right side of buying the Euro in recent months... here's a chart:

http://www.tradingtalk.com/charts/EURUSDBreaks150.gif



Anybody else trading it? Looks like a great chart.

-ken