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China spotted on EUR/USD bid again

By   || October 9, 2009 at 16:13 GMT
|| 3 comments || Add comment

Heee’s baaack. Traders say the Chinese are buying in the 1.4680/85 area.

So far, the market has been happy to have his liquidity to get out of stale longs.

The area between 1.4700 and 1.4720 should be replete with offers on rebounds near-term.

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3 Responses to “China spotted on EUR/USD bid again”

  1. Adje on October 9th, 2009 16:17 GMT

    Thnx, this time I sart to ke the Chinse for saving myass when I took a long position in EUR/USD @ 1.4704 :-)

  2. Adje on October 9th, 2009 16:33 GMT

    Chinese having hard time to hold the line for me :-)
    And to thin how I always support them by buying Chinese food arround the corner.

  3. Adje on October 9th, 2009 16:37 GMT

    Here, even the Wolrd sings for China to ” Hold the line” lol
    http://www.youtube.com/watch?v=9f-cEM1l7Ks

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