Thursday, June 25, 2009

Eur/Usd has Reached 1.40**

Eur/Usd successfully point up to 1:40 but tren have to go down, because it needs to pull through in the term buck the trend down for the near future. Eur/Usd be strong although where PMI data from Europe disappointing, GBP / USD also increased although the USD/JPY uptrend experience. therefore Eur/Usd can take the benefit of its investors' pullout from the dollar on FOMC policy decision. Most analysts estimate the signal from the Fed will give a few changes in monetary policy since inflation which should be soon. The investors believe Fed will inability to tighten monetary policy because of the economic situation its weak american that can endanger the future. It also happens in the market liquiditas a massive make the dollar more collapse and make for increased eur.

Although widespread, but weakness dollar eur/usd and do not get a big enough benefit, it is caused by some disappointing economic data. than the PMI data, the European Union also reported high will account deficit of the the estimate the analyst. At this time uni European export demand is not as expected. However, sufficient care because we must also see how the dollar reacted to today's economic data combined with the Fed policy

Resistances
1: 1.4112
2: 1.4147
3: 1.4186
4: 1.4225
5: 1.4229

Supports
1: 1.4052
2: 1.4028
3: 1.3978
4: 1.3947
5: 1.3894


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