EURUSD Pulling Back From Multi-Month High; Uptrend Intact

Quote of the day:“Words without actions are the assassins of idealism.” -�Herbert Hoover
EURUSD – 1.4385 @06:55 GMT
Good morning all. EURUSD pulled back from its multi-month high at $1.4485 following EURJPY and EURCHF as both pairs have lost ground after Japan raised the severity rating of the accident at Fukushima. The euro is not the only currency losing ground across the board yesterday and during today’s Asian trading session – other retreating from record high territory is the AUDUSD, following AUDJPY pulling back after an impressive bull run. Euro’s near-term sentiment remains bullish and, as mentioned yesterday, I believe there’s room Read More

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� 2011 FX Trading Blog - innerfx.com | Article Source | Post tags: AUDJPY, AUDUSD, Earthquake, EURJPY, EURUSD, fibonacci, Fukushima Nuclear Plant, Japan, Tsunami

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