EUR / USD moved down to around 1.223 in the Asian session earlier, but the pair tersupport and rose to 1.23 this afternoon. Pairs need to penetrate the 1.24 level to get out of pressure, while it is under that level, the chance of action there is still a big resale. News about Europe is still negative until noon today, and this will burden the Euro.
Monday, May 17, 2010
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