Euro rises strong after the agreement for Cyprus

The safe plan for Cyprus in size of $10 billion is ready. This night the both side reach to agreement that will safe the banks and Cyprus by bankruptcy. The deposit with sizes less than EUR 100 000 are safe but for the rest will be cut depends in which banks are deposit. The news pushes the Euro to gain with the start of Asian session. expects slow correction down of EURUSD before new move upward. The trading idea for today is to open long positions as buy when there is a correction down with 25/30 pips.

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