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The dollar will continue rise using the moment of weak euro
Category: Forex Forecasts & Signals
Posted by ForexNewsAgency on February 8, 2010 at 12:33 AM
EUR/USD (1.3623)
European & US sessions forecast levels: 1.3535/1.4025
Trend Sessions: European: Downward
US: Neutral/Downward
Market Focus:
Daily Strategy: There are not key events today. The dollar will continue rise against the weak euro. The concerns about the expecting global tax on banks are one of the reasons for the end of risky appetite. The trading strategy for today and this week is to wait for any upward momentum to open short positions. The euro/dollar may break the level below 1.35 this week.
Forex Forecast by FS Team

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