"Fundamentally speaking, I think the euro is supported," he told CNBC's' Simon Hobbs, nodding to the steps taken to get Greece and euro zone banks back on track. The currency should also be helped by the Fed's push to boost U.S. economic growth, he says - and in fact, the dollar did weaken right after that plan was announced.
So while the euro may be stuck below 1.3100 to the dollar at the moment, Gordon does not expect that to last. "It looks to me that that 1.3100 level really wants to go, so we need to be long here," he says.
Gordon wants to buy the euro against the dollar for a quick trade, entering at 1.3075 with a stop at 1.2975 and a target of 1.3200.
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