• EUR/USD holds higher

Market news

2 June 2011

EUR/USD holds higher

EUR/USD break above the earlier resistance in the $1.4420/25 area, and breaking the 76.4% retrace of the move down from $1.4459 to $1.4307 at $1.4423. Rate currently holds around $1.4447. Resistance now seen into $1.4460 (NY high Weds $1.4459) with stops above.



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