FOREX VIDEO | NEW YORK SESSION REVIEW | July 7, 2009

Source: blogs.fxstreet.com

Although the US dollar lost ground against most major currencies during today’s European session, the reserve currency recouped those losses during the New York session as risk aversion enveloped the financial markets. The descent of the EUR/USD currency pair from the M4 pivot point to the central pivot point delivered two short trades totaling more than 100 pips. Curt Wehrley FX Bootcamp’s Quantitative Analyst


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