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Pound Breaks $2 Level »

EUR/USD Reaches New 2 Year High

Today EUR/USD reached 1.3576 value - a 2 year high since the January 2005. It is currently at its 2 year resistance level. Breaking this resistance would result in EUR/USD going even farther - to 1.4000-1.4500 levels. But for now, USD is slightly gaining strength and rolling back 1.3350.

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This entry was posted on Monday, April 16th, 2007 at 5:24 pm. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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