EUR/USD 7 June 2012

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The decisions of the Euro-leaders led to strong optimism in the markets. Alerts urgently deal with financial problems stemming from Spain, back part of the credibility of the European single currency. This allowed the EUR / USD to reach a weekly maximum of 1.25820, 1.25430 overcoming some levels.
Analysis of movement of the last few days shows dramatic change in the fall. It is not excluded in the new positive data from Europe in the next sessions to witness and a new rise to target areas to chart resistance around 1.26260-1.26900. Such data can be expected later today from auctions of securities in Spain and France.

 

 

eurusd0706 EUR/USD 7 June 2012


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