Still bearish on the Euro, but with all the volatility you keep getting stopped out? A pair that could play out be a long term carry trade is the EUR/TRY (TRY is the Turkish Lira). On Tuesday it failed to break above the 200 Day Moving Average and continued to decline from the 0.236 Fibonacci Retracement. The rolls are attractive and would look to get in on pullbacks during times of low spreads. Be sure to keep an eye on European news and rumors that will move this pair.
