Feb 17 2009 12:10 Am Est.
Casey Stubbs– Winners Edge Trading
Early in the Asian Session, the Eur/Usd broke the key support of 1.2700. Other pairs such as the Usd/Chf also broke key resistance levels. So now look for a trend to develop with these pairs. Look for the Euro to continue to lose ground to the 1.2500 level in the European Session. Watch how the market reacts to the German ZEW Economic Sentiment which is to be released at 5 am est time.
Winner’s Edge Trading, as seen on: