Wednesday, July 20, 2011

EUR/USD pair goes up in Asia

Money Making Lounge is back, if you thought your forex blog would be taken down you were wrong. Now back and for real, check the first headline.



The Euro was higher against the U.S. Dollar last week. EUR/USD pair was at 1.4261, 0.33% at time of writing. The pair was likely to find support at 1.4015, Monday’s low, and resistance at 1.4274, Wednesday’s high.



Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.22% to hit 0.8821 and EUR/JPY rising 0.40% to hit 112.43.

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