EURUSD No Sign of Recovery Yet

Quote of the day:“A timid person is frightened before a danger, a coward during the time, and a courageous person afterward.” -�Jean Paul Richter
EURUSD – 1.4299 @06:47 GMT
Good morning. April’s lows are in focus as the euro continues to fall and no signs of a recovery can be seen yet. Even if it starts a stronger recovery, which is quite unlikely due to Greek problems and media hype, it shouldn’t get too far above current trading levels. Key near term resistance starts at 1.4550, followed by 1.4650, while in the lower side, notable support is seen at 1.4150 and 1.3900 Read More

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� 2011 FX Trading Blog - innerfx.com | Article Source | Post tags: Euro-zone crisis, EURUSD, Greece

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