Eur/usd

davis9786 · #1 (**permalink**) 26/02/2007, 08h01

For the couple EUR/USD the variations have been great within the last six months, it was between 1.2900 and 1.2500, the breakout will be probably violent. Fed will release its monetary policy decision, maybe it's time to head south, the theoretical objective would be 4 figures down, until 1.2100. EUR appears to break the resistance near 1.2650. What’s your opinion?

RTFX-Trading · #2 (**permalink**) 26/02/2007, 13h26

Hi,

I'm sorry but eur/usd is trading at 1,3150 now.... we left the 1,2900-1,2500 range in november last year and eur/usd reached 1,3400 in january this year.

Nico.
Trading desk.

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