EUR/USD is in flat trading after U.S. holiday

 @ibtimes
on January 19 2010 1:40 AM

EUR/USD (1.4396)European & US sessions forecast levels: 1.4265/1.4580Trend Sessions: European: NeutralUS: NeutralMarket Focus: 9:00 AM Net Long-Term TIC Flow, 5:00 AM Germany ZEW (Current Conditions), ZEW (Economic Sentiment), EU ZEW (Current Conditions), ZEW (Economic Sentiment). Daily Strategy: The euro-dollar trading is flat during the first day of the week when United States market was closed. It is expecting to continue the consolidation process today but is possible also to raise the pressure against the dollar. The trading strategy today is trading in short range with chances for slowly euro recovery.

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