Thursday, September 24, 2009

EUR/USD

If EUR/USD holds I will enter a long position if not then I will look for a trade in the equities... EUR/USD The Euro hit resistance above 1.4825 in Europe on Wednesday and generally edged slightly lower. The dollar gained some degree of protection from a weaker trend in commodity prices with oil dipping to below the US$69 per barrel level following an unexpected increase in inventories.




No comments:

Post a Comment

Note: Only a member of this blog may post a comment.