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Eur falls at the Frankfurt opening

Posted on July 10, 2009 at 5:28 in Market comments by David Aranzabal

Today the European opening give us again a good risk reward ratio, as it’s usual at this time of the day.

Eur broke the Asian support before the Frankfurt opening and the price was paying at that level till the French Industrial Production, that came before than expected. But the market went down after the good report (That means that the market wanted to go down because bullish dollar sentiment)

We got several oportunitties to cath the wave and surf till 1.39 level (double cero). The price stopped at that level like a miracle, as it does very often.

See the chart for moe detail:

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