Friday, May 1, 2009

Barclays Capital: euros ostaetsya range

Single European currency continues to be traded in the middle of the intraday range, and Barclays Capital currency strategists advise to pay attention to the fact that the couple was still in the larger formations with support at $ 1.2885 and the upper boundary at $ 1.3395. The bank noted that the current technical picture is neutral, and on the strengthening of bovine attitude can be said only when you close above $ 1.34. This event will involve the potential for testing 200-day moving average near $ 1.3525, above which breakthrough would jeopardize Max last month, about $ 1.3735.

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