March 14, 2010
Euro Finishes Higher; Charts Indicate More Upside Likely
The Euro closed last week higher and in a position to continue the rally as financial tensions have eased enough in Greece to warrant the beginning of a short-covering rally.
Technically, the main trend is up on the daily chart with 1.4009 a possible near-term target. Although most of the strength in the Euro was attributed to the easing of the financial crisis in Greece,
there are rumors out there of a possible $50 billion bailout by France …