Forex Signals - EUR/USD Bulls Make a Run For It

By PipHut
15 March 2010 @ 01:02 am EDT

Daily Outlook: The war of words between China and US about the yuan's pegging failed to start the market off with a bang and fundamentally, as the pair has been for weeks now, traders are seeking direction. In fact in light of the mixed (short-term) fundamentals I view the breakout on Friday as less of a breakout and more that the pair has found a decent fair market value - i.e a range.

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