Tuesday, 23 October 2012

Heard ACB buyer in EURUSD at 1.3000

Heard theres an ACB buying EURUSD at 1.3000. Supporting the EURUSD for now. Low so far is 1.2998.

Dow futures are down triple digit. If it continues to be down triple digit, I reckon we will see EURUSD breaking below 1.3000. USD will surely be bought if equities market continues to be on the weaker side.

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