Saturday, September 5, 2009

EURUSD: Reverses Declines, Keeps Eyes On The Upside


by Mohammed Isah (FXTechstrategy) | Fri, Sep 4 2009, 12:24 GMT

HIGHLIGHTS: GBPUSD: Recovering Higher Off Recent Low - Having backed off lower level prices at 1.6112 to close higher on Tuesday, GBP was seen following through higher in early trading today. EURUSD: Reverses Declines, Keeps Eyes On The Upside - As declines halted at 1.4272 and a higher close was seen on Tuesday, early morning strength today now looks to push the pair further higher towards the 1.4376 level where its Sept 01’09 high is located. GBPUSD GBPUSD: Still Looking To Recover Higher

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