Hey Dear Traders

EUR/USD 3 month love story:

So we spoke over the last year how the American Dollar and the American economy are in bad shape, and we talked about how we will see a strong recovery of the economy in 2010, so… we are still not sure if we will see a strong American economy soon, but defiantly you can see some very nice movement coming from the American Dollar over the last 3 month as well from starting of 2010. What most of us don’t know is if the recession is over , as well us the traders not really believe to the fundamental news coming out lately, take a look over a daily chart of the EUR/USD And find how the pair moved in a clear downtrend and we enjoyed 1000 pips for that rally:)