Euro was up in Asia this morning, driven by a high close on Friday and Central Bank comments that are not very supportive of the Dollar, especially the outlook that Japan could try to convert some of their outstanding Dollar reserves into other currency, or limit their US treasury purchases in the future, does weigh heavy. The 8-h USDCHF chart below shows the last two months of the dollar rise. Presently trading below key level 1.2685, we have scratched the steeper 6-week support-line, now acting as resistance intra-day (@1.2710), failure to climb back above that, should send the dollar for its lower trend-support at
1.2500ish

تقبلوا تحياتي

Euro was up in Asia this morning, driven by a high close on Friday and Central Bank comments that are not very supportive of the Dollar, especially the outlook that Japan could try to convert some of their outstanding Dollar reserves into other currency, or limit their US treasury purchases in the future


أرتفع اليور اليوم في فتره اسيا مدفوعاً بالاغلاق المرتفع ليوم الجمعة السابق وببيانات البنك المركزي التي لاتدعم الدولار خاصة في أتجاه ان اليابان من الممكن ان تقوم بمحاولة لتحويل بعض من أحتياطي الدولار القائم إلى عمله اخرى ، أو أن تقوم بالحد من الشراء من الخزانه الامريكيه في المستقبل .