Fed Keeps Printing Money | Eur/Usd

Hello Price Action Traders.

Eur/Usd

The forex pair, after the words of FED Chairman Ben Bernanke, has literally violated the 1.3400 resistance to close the daily session above 1.3500. The asteroids called $$$ from the FED then continues without changes, and this has done well to euro and not too good to the US dollar which was sold on all the major currencies. As already explained in various other blog posts dedicated to this market, the very short term trend is long and the target remains the key resistance between 1.3650 and 1.3700.

 

 

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