Thursday 9 July 2009

EURUSD Topish at 1.4000 !?


Well decided to sell 100k @ 1.3982. Seems it popped back up there on the chinese talk of diversifying currencies. My bet is that this nothing more than a straw fire. The chinese have been saying this for months. 1.4000 should be strong resistance. So if we don't break above 1.4000 everything speaks for a move to lover 1.39s.

We shall see.





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