Euro Versus Dollar and Yen October 4th

FX Strategy Video > Currency Pairs Analysis

EUR/USD rose slightly during the session on Wednesday in order to continue the slow climb higher. The trend line still pushes us higher, and as a result we think this pair continues to march north. However, there are a couple of areas to watch such as the 1.30 and the 1.2750 levels.

The EUR/JPY is a much clearer picture going forward. We find the 100 level as a "floor" in this pair, and think that we will continue to move forward until we reach the 105 handle.

Published on 3rd of October 2012
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