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by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765
Posted: Feb 20, 2010 5:00
Comments: 30765
Forum Topic:
EUR
Discuss EUR in this thread
Thanks
12760 was hit today after that we still have 12870s
The only "usual certainty" from bernanke is that he'll be cautious aka downgrade aka supports assetpurchases
Ashraf
EURUSD showed to hold above 1.2550s and when US data deteriorated further, stops were taken out and 1.2760s is the latest target called out today. Wont expect any break above this. And yes, still see possibility for 1.20 later in year. but right now its about USD weakness as Fed talkes more QE2
Pls read the IMTs
Ashraf
the very big H&S augur 1.18 in few days !
Euro heading back to 120 in the next month ?
Thanks