Wednesday, 6 January 2010

EUR/USD daily outlook:

Current price of the pair 1.4331 and it looks like EUR/USD is in downtrend position. If the currency pair breaks above the price of 1.4400 another rise towards 1.4500 may be reached in a couple of days. On the other hand the pair could go down to about 1.4250-1.4300 later on today.