Tuesday, September 8, 2009

EUR/USD; September 8, 2009

For those of you who are currency traders and know that right now the EUR/USD is correlated fairly well to precious metals and the stock market, I wanted to post what Jamie Saettele with FXCM says about the pair because it mirrors my expectations and wave count now that it broke through the previous high of 1.4440. Jamie's long term outlook and wave count on the majors are very similar to mine so I recommend his column on DailyFX to be looked at on a daily basis for free currency analysis: http://www.dailyfx.com/

The entire article excerpted above can be found at: http://www.dailyfx.com/story/dailyfx_reports/daily_technicals/Dollar_Breaks_Down___Pairs_1252419404910.html

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