Euro Versus Dollar and Pound June 7th

FX Strategy Video > Currency Pairs Analysis

The EUR/USD fell during the Monday session as traders shunned the riskier assets around the world. The 1.45 area lies below, and should be supportive. But we are currently waiting to see if it will prove itself. The EUR/GBP pair has been skyrocketing lately. Monday saw a bearish shooting star form at the 0.89 level, and looks like it is ripe for a potential pullback.

Published on 6th of June 2011
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