Euro vs Dollar - Daily Candle Chart 13th February 2009

Euro vs Dollar - Daily Candle Chart 13th February 2009

I’m afraid there is nothing new on the chart today, and all I can say is repeat the advice of the last two weeks which is to stay out until further notice. The pennant pattern is still forming and we now have to wait for the inevitable breakout to follow. This weekend we have the G7 meeting which may introduce an element of volatility, and I would expect the markets to be quiet today in anticipation of any news. I have covered the main fundamental news on the euro to dollar site. Have a great weekend and I hope that next week we will see some signals for the euro vs dollar which will provide us with some trading opportunities. Let’s hope so anyway!