11 - 10 - 08 Euro/Usd (short term)

The post reaction of interest cut by European Central Bank on the last Thursday is deminishing and has not yet damaged the outlook of this pair on hourly chart.

Reference attached chart


P.S.

Watch closely to what comes out from G20 meeting this weekend and track any development of the issue presented in this G20 meeting!

---- Background
Dealing with this crisis, 萨科齐与巴罗佐“联诀访美”before Oct. 14, and “欧美”最终还是在“重归布雷顿森林体系”的问题上达成了“初步共识”,
it could
--- postpone or stop 美元本位制进程;   
but cost to European Union could be huge so that finally "美元本位制进程" will likely last for a period of time  --- in other words, the most important issue(public expression could be "reform of world finincial system") in the coming G20 meeting likely remains unsolved.

谢谢老师

谢谢鲨版老师！

谢谢老师，和老师的解析吻合。

谢谢鲨版

谢谢鲨版

谢谢老师

谢谢