Stimulated by the European Government's new agreement over the weekend that guarantees bank refinance and prevent banks from failure, Euro Gapped Up more than 200 point or as much as 1.50% on early Asia trading hour, however, traders should remain cautious as it is at the range on resistence and might very likely to pullback and filled the gap first within a few days.Sunday, October 12, 2008
Euro Gap Up Sharply, But Don't Rush In.
Stimulated by the European Government's new agreement over the weekend that guarantees bank refinance and prevent banks from failure, Euro Gapped Up more than 200 point or as much as 1.50% on early Asia trading hour, however, traders should remain cautious as it is at the range on resistence and might very likely to pullback and filled the gap first within a few days.
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