Tuesday, May 25, 2010

Euro still depressed until noon today. EUR / USD still survives in the range of 1.23 today. Investors are still cautious, they choose the USD and the Yen as a safe-haven. Therefore, the EUR / USD and EUR / JPY continues to move down. If 1.23 impregnable, then the next target at 1.228. More distant targets at 1.214.

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