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Author Topic: EUR/USD Daily Outlook  (Read 2040 times)
Hemant
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« on: February 22, 2011, 05:09:10 am »
EUR/USD Daily Outlook

EUR/USD's break of 1.3545 minor support suggests that recovery from 1.3427 has completed at 1.3715 already. The failure below 1.3743 resistance indicates that correction from 1.3860 is still in progress. Intraday bias is flipped back to the downside for 1.3427 and below. Nevertheless, outlook in EUR/USD will remain cautiously bullish<img src="http://feeds.feedburner.com/~r/ActionInsightallTechnical/~4/BCjvblRmTTw" height="1" width="1"/>

Source: EUR/USD Daily Outlook
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