The dollar made a technical correction during the Asian session

 @ibtimes
on February 16 2010 1:32 AM

EUR/USD (1.3645)European & US sessions forecast levels: 1.3530/1.3840Trend Sessions: European: Neutral    US: Neutral/DownwardMarket Focus: 8:30 AM Empire Manufacturing, 9:00 AM Net long-term TIC Flow, 5:00 AM Germany ZEW (Current Conditions), Germany ZEW (Economic Sentiment), EU ZEW (Economic Sentiment), EU ZEW (Current Conditions). Daily Strategy: Euro recovery against the dollar during the Asian session. It was based on technical correction as overall the tendency for weak euro remains. The hidden Greece debt may cause serious problem to the Euro Zone in the coming days. The dollar will continue rise, as the trading strategy remain to bet to the dollar power.

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