Tuesday, July 12, 2011

Spanish Finance Minister says rating downgrades are unjustifiable ...

The EURUSD has moved below the 5 minute trendline support line and the decline accelerated.? The burden is on the bulls to push the price back into the channel. IF they cannot (and that is step one), the price bias remains to the downside (the level comes in at the 1.4045 level currently).

Source: http://forex.fxdd.com/117533/forex-trading/spanish-finance-minister-says-rating-downgrades-are-unjustifiable

office 365

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