| The EURO is at a strategic price range of 1.1650 -1.1720 against the dollar and question on my most traders minds is can it go lowere or will the support area hold.
Since the great run up in price which started at the beginning of the year, price has run up from almost part to 1.20, no less than a 20% increase. Until now there have been no real pull backs. There is some firm support around the 1.1680 area, but as so often, what will ultimately decide the EURO's fate are traders decisions. The early part of this week should be interesting and without much news will all be about price discovery. |
