After the fall with the maximum range of 1.4300/65 pair euro / dollar remains negative mood. According to currency strategists Commerzbank, in the course of the day option to revert to the 1.4120/95 area, but the bank expects that the euro / dollar drops to the base of the channel at 1.3921. Analysts recommend that the Bank open a short position at 1.4250 from 1.4300 at its intensification, stop-loss/razvorot above 1.4390. At this point, a pair of Euro / dollar traded near 1.4111 level.
Friday, July 31, 2009
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