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02-01-2010

EURUSD: 

02-01-2010   Sell  1,3885     S/L 1,4605   TP 1,2758

Indeed the EUR is overvalued, and there seems to a weakening period coming. An end of the EURO-zone is nonsense, as much as a bankrupt Austria ("Just to state the obvious." Paul "Borat" Krugman). Different recovery time and PIGS are certainly arguments not in favor of the common currency.

I strongly remind the readers of these pages of the disclaimer and I insist that you understand, that statements about financial developements on these pages are purely my own opinion and not a recommandation.