Forex | Forex | Trade on Monday should prove to be interesting (31/07/2009 17:17:14)

Trade on Monday should prove to be interesting

EUR/USD Commentary and Trade Ideas The release of the preliminary US GDP estimate proved to be a yawner. The second quarter decline of 1% bettered the guesstimates of -1.4%, but this is like your team losing by only a little. The euro continued the rally during the Asian session, briefly above the resistance at 1.4150, and is currently about 1.4140. My inclination is to look for a place to short this pair between 1.4150 and 1.4200, but I contain myself after looking at the calendar. The number


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