Forex Market Preview: EUR/USD | Euro Showing Further Weakness

Money Master | Jan 28, 2011 | Comments 0

www.pillartrading.com The Euro has a gain slipped in yesterday’s trading session and looking ahead it seems as though the mid term bulls have all but cleared their positions. Stops have been triggered over the past few sessions causing the dramatic slide in the EUR Going ahead there are a number of key areas setting up to see whether or not the bears can continue to put downward pressure on the pair. The long term trend is still intact but the collapse of the mid term trend with such small participation means that all traders need to be on their toes.