Saturday, January 21, 2012

Forex Market Updates & Commentary

Forex Market Updates & Commentary

Link to Forex News and Commentary by FXDD

EURUSD keeps bullish bias but bounces off broken trendline

Posted: 20 Jan 2012 10:30 AM PST

The EURUSD has been keeping a better bid today, but it has been bouncing off the underside of the broken trendline.  So although there are reasons to be encouraged from the buy side, there are reasons to be encouraged from the short side. It is Friday and I am not surprised given the uncertainty out of Greece.

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