Technical Analysis Daily: EUR/USD On Thursday the Euro/Dollar plummeted with
May.08, 2011 in
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Technical Analysis Daily: EUR/USD
On Thursday the Euro/Dollar plummeted with almost 400 pips as a result of weak ECB and crashing commodities. The European currency depreciated from 1.4899 to 1.4508 yesterday, not matching the positive Interbank sentiment projection at nearly +1%, closing the day at 1.4537. This morning the pair is trading quietly, with
US Dollar Support Strong at 7335/55
Jamie Saettele,



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