EUR/USD Recovery Off 61.8% Support Feeble So Far
Currencies / Forex Trading Mar 19, 2010 - 03:51 AM GMTWe last looked at EUR/USD when the downmove was approaching a 61.8% retracement/ support level. It has proved effective in halting the bears but there has so far been a lack of enthusiasm to push through first key resistance and set in motion a better recovery phase.
The FX Trader’s view
Mark Sturdy
John Lewis
Seven Days Ahead
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