Though it might look too pessimistic, I would predict the next stop at around 1.14.
Free technical analysis on Hong Kong stock market, world stock markets, foreign exchange market, commodities market, as well as some important notes for being a successful trader.
Saturday, June 5, 2010
Free Fall again (2010-06-05 EUR analysis)
With a surge of 14 basis point in Hungary's CDS, EUR broke its low of 1.20. This indicates that 1.20 could no longer give large support to EUR and it would even slide further.
Though it might look too pessimistic, I would predict the next stop at around 1.14.
Though it might look too pessimistic, I would predict the next stop at around 1.14.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment