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Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: Hemant on February 26, 2011, 05:06:46 pm

Title: EUR/USD Weekly Outlook
Post by: Hemant on February 26, 2011, 05:06:46 pm
EUR/USD Weekly Outlook

EUR/USD rose further to 1.3837 last week but faced some resistance ahead of 1.3860 and retreated. A temporary top is at least formed and initial bias is neutral this week. As noted before, we're favoring the case that consolidations from 1.3860 is not over yet. That is, rise from 1.3427<img src="http://feeds.feedburner.com/~r/ActionInsightallTechnical/~4/NtDT8ArVEHA" height="1" width="1"/>

Source: EUR/USD Weekly Outlook (http://feeds.actionforex.com/~r/ActionInsightallTechnical/~3/NtDT8ArVEHA/)