Tuesday, November 10, 2009

CitiFX recommends buying the euro / dollar

Bulls on the Euro re-tested for strength Offer around $ 1.5020, in the expectation that the foot, placed above, support the further leap to annual highs near $ 1.5065. While unable to break higher, and is currently the single European currency has kept about $ 1.5003, but the currency strategists CitiFX see potential for upward movement and recommend the use of current levels for opening long positions with the expectation the movement towards $ 1.5285 and a stop at $ 1.4900.

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