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EUR/USD trade steadies

By   || January 15, 2010 at 09:21 GMT
|| 3 comments || Add comment

After the earlier Trichet-induced fun and games, price action has steadied noticeably in EUR/USD.  It’s rallied back above 1.4400 from the session low 1.4379 which was reached after the ECB President further heightened worries surrounding Greece.

Russia is reported to be selling around 1.4410, which has so far helped capped the rebound.

EDIT: Talk of small stops placed through 1.4425, larger through 1.4460.

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3 Responses to “EUR/USD trade steadies”

  1. Tajul Akbar Bin Ismail on January 15th, 2010 09:43 GMT

    EURUSD charts : Hammers on M1,M5 & H1 and Hammer/Harami on M15 & M30 … is it time to go up, stay tune

  2. Gerry Davies on January 15th, 2010 09:53 GMT

    small stops seen placed through 1.4425, larger through 1.4460

  3. Tajul Akbar Bin Ismail on January 15th, 2010 10:36 GMT

    Nope, not the time to move up yet … will wait for USD Core CPI (MoM) and CPI (MoM) in a few hours

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