Friday, April 8, 2011

EUR/USD ~ Update ~ 8 April 2011

(See last EUR/USD update here)

We got the expected correction at the 1.43ish level. It was very weak though and couldn't even break the first support at 1.40ish.

The EUR/USD is now trading at 1.44 and as long as 1.40ish holds I think we'll see 1.50ish: