Euro-dollar Analysis, September 13th 2012 (English Language)

Hello,

please find below my video analysis for the Euro after the FOMC meeting (FED announcement):

Following the decision to buy $40 billion worth of Mortgage Backed Securities per month in the future we need to expect a weaker dollar for the weeks and months ahead. Converserly the Euro is going to strengthen and could climb to 1.384 by the end of year or beginning of 2013.

In the short-term the close support for the Euro is seen at 1.2820 based on current highs.

Have a great evening.

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Filed under English language, Euro FX analysis and trade setups videos

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