EUR / USD Flung away at 1.285

2/11/2009 10:42:00 AM / Posted by Next Level /


The EUR /USD was failed to continue moving down, this pair is glancing off at level 1,285.
The EUR /USD this morning is reacting drop because of the selling action of EUR /JPY. With this currently condition , it appears tho be hard to predict wheter EUR/USD is having Bearish or even Bullish. As if the cutting rate of ECB next month is possible, the indication shows that ECB wouldn't cut the rate anymore.

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