EUR / USD back up to the level of 1.225 this morning. Euro received support from the Nikkei recovery that triggers the action to buy the EUR / JPY. Resistance at 1.227 and 1.2332 for the moment. Option expiry of the existing in 1.21 and 1.25. In addition, traders who reportedly sell are looking for better levels to profit taking.
Wednesday, June 2, 2010
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