HY Weekly Digest

Forrex Comments - EUR/USD Predictions



At the time I am writing this EUR/USD is 1.2137
It was obvious that the EUR will loose positions after the French and Holland's "No" to the European Constitution.
But i tend to think this is the dollar's pick for this and the next week. So i recommend you stay long if you are a trader and look for fast results.
The investors and long-term traders can open short position however as the EUR has still to loose in June.

By Victoria Kovac


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