Euro Dollar and Loonie May 27th

FX Strategy Video > Currency Pairs Analysis

The EUR/USD continues to show how weak the underlying bulls are, however does manage to stay above the all-important 1.40 area. We are starting to form serious consolidation between 1.40 and 1.42 now, and we could be here for a while. The USD/CAD is currently retesting old support as resistance in the form of the 0.98 area. As long as the oil markets are stuck, this pair is too!

Published on 26th of May 2011
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