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EUR/USD: the big slide down | Forex blog - JPY forex fan

Forex blog – JPY forex fan

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August 20th, 2010

EUR/USD: the big slide down

jpyforexfan

It is about 10:30am GMT, and we are witnessing the long awaited, amazing drop in the EUR/USD forex pair. Some forex analysts are reporting that apparently stops below 1.2730 went off. To those of you with short positions, congrats! To the euro bulls among you, sorry!

The hourly chart:

Posted in Forex Analysis | 2 Comments »

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2 Responses to “EUR/USD: the big slide down”

John says:
August 20, 2010 at 5:57 pm

About time ;) I was expecting for this break down for some time.
USD can be in the beginning of a monster move IMO.
Cheers

jpyforexfan says:
August 21, 2010 at 7:56 am

I think so, too. Only think I’m wondering about is my favorite EUR/JPY…
Have a good day.

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