EURUSD - Trends, Forecasts and Implications (Part 2) - page 1413
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the interesting thing is that the results will be known by the time the important news comes out ;)
Looks like it's today, that's why there's such a lull http://ru.euronews.net/2011/01/17/euro-zone-rescue-fund-increase-under-debate/
the eurozone's troubled country bailout fund may soon be increased or reorganised. so keep going up?
I don't think ... What is the fund going to be raised from? Unless they print more money. And if they do, it's inflation. Inflation means downwards.
Down to 1.31, corrective moves upwards are possible and only then will the question of an upwards move up to 1.35 or 1.37.
Maybe we'll get to 1.3040.
Maybe we'll get to 1.3040.