Intraday Market Thoughts

Euro & Equity Bounce

by Ashraf Laidi
Jul 19, 2011 16:50

If you follow fundamentals, you would attribute the euros rise to the Reuters policy paper, outlining solutions for Eurozone debt, and to reports of a looming agreement in Greek debt. And if you follow strictly technicals, you would explain the bounce via the strength of the $1.40 support, coinciding with the important 200-week moving average in EURUSD. Here are our latest Premium Trades from the Intermarket Insights http://tinyurl.com/3d8m3rd

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