The EUR/USD appears to be forming a bottom as predicted in my first FX corner. It has immediately rallied past 1.3435 to reach 1.3592 on April 1, and then plunged back to 1.3283 in Asian trading yesterday, only to bounce back to almost 1.35 tonight. A double low with the second low higher...and it came up swiftly, looks like more upside is in the cards.
sabato 10 aprile 2010
FX corner: EUR/USD
The EUR/USD appears to be forming a bottom as predicted in my first FX corner. It has immediately rallied past 1.3435 to reach 1.3592 on April 1, and then plunged back to 1.3283 in Asian trading yesterday, only to bounce back to almost 1.35 tonight. A double low with the second low higher...and it came up swiftly, looks like more upside is in the cards.
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