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Forex Trading: US dollar has a string of good news which will support

Posted by Greg Michalowski on Mon, 03/24/2008 - 9:10am in

EURUSD broke through the support at 1.5407 area).  The markets key level is the 1.5345 level.  USDJPY above 100.00 and targets 100.65.  USDCHF back above 102.00.  This is the 38.2% retracement level but looks like there is room for further gains today (with a target of 102.75).

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