Euro Versus Dollar and Pound March 22nd

FX Strategy Video > Currency Pairs Analysis

EUR/USD fell during the session as the bond yields in Spain spiked during the day. The pair is running into the 1.3250 level as resistance, and as a result we like selling this pair on a break of the bottom of the day's range.

The EUR/GBP pair looks weak as well, but the support at the 0.83 level is a massive hurdle to break through. We like selling, but not until we get down there.

Published on 21st of March 2012
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