EURUSD Holding Gains Ahead of Bernanke Speech

Quote of the day: “We know what a person thinks not when he tells us what he thinks, but by his actions.” - Isaac Bashevis Singer EURUSD – 1.4631 @06:40 GMT Good morning. EURUSD is little changed since yesterday and holds below 1.4650 interim resistance after testing intraday support at 1.4550. The slow decline to 1st support region that I highlighted yesterday was corrective, therefore signs of trend exhaustion are yet to be seen. I think that a test of 1.4750, even 1.4900, is in the cards within the next days – as long as daily studies remain bullish / while holding above Read More

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