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EUR/USD rebounds after failing to reach stops

By   || March 19, 2010 at 12:54 GMT
|| 4 comments || Add comment

They tried to trigger the stops below the 1.3530 level after the Greek PM’s comments that they are not far from being shut out of the bond markets but came up short (no pun intended). Market detectives noticed the distinct whiff of Panda poo in the air near the lows…

From 1.3533 lows, we’ve rebounded to the 1.3550 level so far.

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4 Responses to “EUR/USD rebounds after failing to reach stops”

  1. wayne on March 19th, 2010 13:12 GMT

    What happened to Goldmans prediction 1:45 for the euro seemed like only last week.. whats was the disclaimer on that advice?

  2. Jamie Coleman on March 19th, 2010 13:13 GMT

    “Past performance is no guarantee…”

  3. wayne on March 19th, 2010 13:19 GMT

    Euro can only go down not matter what decision is made on Greece.
    Seems Goldman just like fast food and gossip news.

  4. Forex News – Euro Rebounds on Greek Crisis Comments, U.S. Home Sales on March 19th, 2010 19:42 GMT

    [...] EUR/USD rebounds after failing to reach stops | ForexLive [...]

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