The EURUSD did not go as I have thought it would technically due to some factors which may or may have not influenced its current trend:
1. AUD raised interest rates.
2. Oil dealers ditching US dollars
3. Gold hitting a record high
4. Goldman Sachs big bank upgrades
5. People believing that we are on the road to recovery.
So, what's next? I'll have to divorce the thoughts of shorting this pair.
Wednesday, October 07, 2009
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