Friday, May 10, 2013

EUR/USD Loses 1.30 on the Dollar Storm

EUR/USD gave a fight against the dollar’s storm across the board, but eventually surrendered and loses the 1.30 line. 1.2960 provides support, followed by 1.2880. Resistance is at 1.3050. The move began with the better than expected jobless claims in the US, continued with USD/JPY storming above 100 and continued with ongoing pressure of the
Read More... [Source: Forex Crunch - Posted by FreeAutoBlogger]

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