Rapid decline of U.S. currency on Tuesday led to achieving new highs in 2009 in the pairs with the majority of the ten major currencies. But then the mood of the dollar has improved somewhat in the background dynamics of the uncertain stock markets, the inability to continue the path of gold above the mark at $ 1000 per ounce and the disappointing data on retail sales in Australia. Given these factors, currency strategist at UniCredit believe that the weakening U.S. dollar will continue, and the euro / dollar will reach 1.50. As a strategy for bank analysts prefer to buy the euro / dollar to decline, while the pair is above support at 1.43. Intermediate resistance to growth of 1.50 will make the level of 1.47. Currently, the euro / dollar is trading at around 1.4482.
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