Forex | Forex Strategies | EUR/USD on Constant Attack on Resistance (03/09/2009 11:02:44)

EUR/USD on Constant Attack on Resistance

The Dollar is struggling hard to fight its support zones against the major pairs, especially with the EUR/USD market still flexes its muscles. After the Fed presented its FOMC news 20:CET yesterday, it became clear that the institution considers its risk limiting job being almost done, with the main part now remaining with the banks. They have to pass the interest rate cut to their clients - but that is exactly what they're not practising, siphoning huge profits out of state help. A new


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