EURUSD squeezes higher on Dutch exit polls...

Squeeze continues...

The Dutch exit polls are in and Wilders Freedom party is not going to pull an upset. The populism trend seems fading. Which could take some of the bearishness out of the EUR on election fears.

The EURUSD has moved to new highs and has now moved above the Monday high at 1.07139. That level (with some likely using the 1.0700 level) is now risk for longs. The 1.0764-74 is now the next target followed by the highs from Jan 31 to Feb 3rd at 1.0797, 1.0811 and 1.0828.

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