EUR/USD Rejects 1.4000 and Falls to 1.3950
June 18, 2009 by admin · Leave a Comment
The Euro’s spike against the Greenback on the better-than-expected Philadelphia Fed Business Index has found resistance at the 1.4000 level, and the pair has been launched down to test the 1.3950 support (MA-200 level in hourly chart). Currently, the pair is trading around 1.3955/65, losing its profit and going 0.10% below today’s opening price. Read more…
