EUR/USD Market Continues to Run Into Key Resistance Area
By Jerry Simmons   
October 06, 2011

In today's pre-market prep, we take a look at the EUR/USD. The euro continues to trade in a narrow range, unable to break above a key resistance area located around 1.34. Barring any sudden news coming out of Europe, we expect this market to continue consolidating over the next day or so.



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Futures, options, and spot currency trading have large potential risk and traders should be well-educated before putting real money at risk. You must be aware of the risks and willing to accept them in order to invest in all markets. Risk capital is money that can be lost without jeopardizing ones financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results. This website is neither a solicitation nor an offer to buy/sell a futures contract or currency.