Forex Forum

Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: pranjali on January 31, 2010, 11:11:00 pm

Title: Technical Analysis Daily: EUR/USD
Post by: pranjali on January 31, 2010, 11:11:00 pm
Technical Analysis Daily: EUR/USD
         


Euro/Dollar was under pressure on Friday, in search of support, after news that tightening the monetary policy in China may derail global economic recovery, and damp trading appetite. The Euro dropped from 1.3985 to 1.3865, closing the week at 1.3857. Our expectation remain in favour of the Dollar for now....
         

http://www.actionforex.com/technical-analysis/daily-forex-technicals/technical-analysis-daily%3a-eur%10usd-20100201105683/