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EUR/USD Forecast September 17-21 2012

From forexcrunch.com

Euro/dollar had everything working int its favor and enjoyed a very impressive rally. The German court approved the ESM, Bernanke delivered QE3 and even the Dutch elections resulted in a strong outcome for pro-European parties. Are we set for a continuation or for a correction after 1.30 was conquered? Here is an outlook for the upcoming events and an updated technical analysis for EUR/USD. While the constitutional court in Karlsruhe set a few conditions, it generally gave its nod to the ESM, which was finally ratified by the German president. All the balls are in the Spanish court, but with already lower yields and ... (full story)

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