with all the negative economy progression, euro still manage to rally, so amazing..
EUR/USD rallies strongly and pushes to one month high at 1.31
From indecision the last couple of days to clear decision with direction in the last 24 hours. The last few days saw it receive solid support right at 1.29 which propelled it back up towards 1.30 falling just short and reversing at 1.2980. In the last 24 hours however, the Euro has surged higher to trade to a one month high around 1.3120 and defied all the odds in doing so. The Euro has shown some relatively bearish signs over the last month since retracing from its highs near 1.32. The 1.30 level was able to provide some support a few weeks ago however it has been the 1.28 level that has emerged as the ... (full story)