Tag Archives: “expert forex market analysis: 4-12-11″

EURUSD Still Pointed Toward 146.50

Despite robust corrections lower in AUDUSD and GBPUSD, EURUSD continued its up-move posting a new high of the move today at 145.20 to keep both its 4-hour and Daily trends pointed higher. Bulls today became particularly emboldened in pressing long positions after EURUSD showed very little reaction to sharply lower than expected ZEW economic sentiment [...]

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