Dollar Versus Euro and Yen February 14th

FX Strategy Video > Currency Pairs Analysis

EUR/USD initially rose during the Monday trading session after the Greek Parliament passed the austerity measure, but the risk appetite fell almost right away. The result is a very suspicious looking Euro at the moment.

The USD/JPY fell initially as well, but found the 77.50 level as supportive. The hammer looks good - but there is a major resistance point above that we need to be concerned with and perhaps see it as a selling opportunity in the near future.

Published on 13th of February 2012
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