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This thread was started in response to the Analytic:
EUR Trade Index 18-Year Chart
Daily EURO chart of 18 years of cyclical developments in finance & politics
DOW is in really up mode but whether it can successfully take out 9853 is a big question....
rajib.
and i am keenly watching this level...though it should not give a close above this 1.4800 if its in terminal stage
I sold euro\usd today at 1.4765 . do you think it come back to this point today
Thank you
Eng. K.EL borini
by the help of the chart it may be possible to EurUsd to face some tough resi near 1.4800.Closing above this may be a bit technical tough work for EurUsd before FOMC.
Regards,
Rajib.
"The dollar fell for the first time in three days against the euro on speculation Group-of-20 leaders meeting this week will call for gains in other currencies to help reduce global trade imbalances. The greenback declined versus 14 of the 16 major currencies after a spokesman for Canadian Prime Minister Stephen Harper said the leaders will discuss a framework for balanced and sustainable growth, including structural reform in deficit and surplus countries."
Ashraf