EUR/USD: 1.1880 Bids Eyed on Dips, More at 1.1850/60]
February 15.
Another day of frustration for EUR/USD dealers as a budding reversal is nipped in the proverbial bud and prices resume their slide minus many of the shorts who foresaw the USD strengthening once Bernanke"s testimony was out of the way. That blip above 1.1950 took out many of the shorts, opening up the present slide. |