Forex Video | New York Session Review | November 24, 2008

Selling of the U.S. dollar and Japanese Yen was the dominant theme in today's currency markets, as an increase in risk appetite was evident throughout American financial markets following last weekend's economic announcements by U.S. president-elect Barack Obama and U.S. government bailout of Citigroup. As the sun rose across the U.S. eastern coast, the EUR/USD broke a level of resistance. From re-test of the resistance level to pivot profit zone, the long trade produced a 100-pip profit.

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• wehrley

[DDDianaDDD]

Great video, thanks!