Friday September 9, 2005 - 11:26:55 GMT
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FXstreet.com - www.fxstreet.com
Forex Morning Meeting - European Session Report
Good morning everyone from FXstreet.com. Crude Oil holds below $65, while DJIA index closed above 10.650.
Forex Technicals at a glance: The Eur/Usd today
A shorter than usual report today. Pair trading below the 1.24 level at the moment, driven by intraday speculators who are adding pressure to the single currency’s supporting buyers. Not much we can add with respect to yesterday’s levels, which remain intact and which we would like them to be seen prior to taking any conclusions whether a trde should have better odds or not when entered.
Trading Tips & Alerts (you’ll find more detailed info on them in the Trading Corner chat room):
Aud/Cad: Long @ 0.9071 (sept 2), target 0.9225. Still presenting a decent bullish view. Last daily close: 0.9106.
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