Between the summit news and a respectable U.S. GDP report, "I wouldn't fight this momentum here right now in the euro, but I do think the euro could be vulnerable next week," she told CNBC's Scott Wapner. That's because the European Central Bank is meeting on November 3, and Bourdeau thinks an interest rate cut could be in the offing - probably at this meeting, but if not, sometime in the fourth quarter.
She recommends selling the euro on a bounce higher to 1.4270 with a stop at 1.4505 and a target of 1.3600.
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