EUR Trading Outlook (20-02-2012)

The Euro (EUR) EUR/USD rally extended on Friday to 1.3200 but lacked the Greek confirmation to push above the level and closed at 1.3150. The Asian open saw a break above 1.3200 and consolidation ahead of the European session. The EU finance ministers are meeting today and announcements are expected in regards to the Greece at some point today. Looking ahead, US holiday for President’s Day.

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